Ups Layoffs 2024. The layoffs will eliminate around 2.4 percent of ups’s global workforce of roughly 495,000, with about 75 percent of the job reductions coming in the first half of 2024. Ups announced it will cut 12,000 jobs over the next several months, following a $9 billion revenue loss in 2023.
The company did not specify how many employees are losing their jobs in the latest round of cuts, but said monday evening the layoffs are part of ongoing efforts since the january announcement of. Kobold metals, a minerals discovery startup, raised $491 million of a targeted $527 million round, according to an sec filing.the company uses ai to surface data.