Ups Layoffs 2024. Published august 21, 2024 at 12:31 pm edt. According to tracking website layoffs.fyi, tech companies laid off more than 165,000 people in 2022 and 264,000 people in 2023, with the latest data showing that.
Ups stock price dropped sharply tuesday as it announced layoffs amid falling revenue, and hinted at a possible sale of its coyote truck load brokerage business. The layoffs will eliminate around 2.4 percent of upsโs global.