UPS to cut 12000 jobs after disappointing year

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UPS is set to cut 12,000 jobs following a disappointing fiscal year. The decision comes as the company evaluates its financial performance and aims to streamline operations. Despite being a crucial player in the logistics industry, UPS faced challenges that impacted its bottom line. The job cuts are part of a strategic restructuring plan to enhance efficiency and address financial setbacks. As the company navigates these changes, it emphasizes adapting to evolving market dynamics while ensuring sustained long-term growth and stability.

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