Holli Latrina

Ups Management Layoffs 2024. Managers and contractor positions will make up most of the layoffs. Headcount reductions in 2024 will be concentrated within management roles and contracted positions, with 75% of the cuts coming in the first half of 2024, executives said.

Company leadership hopes the layoffs will reduce expenses by $1 billion and has said most cuts will affect managerial staff. Now, more layoffs are on the horizon.