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UPS · United StatesUPS has delivered a mixed bag of economic news ahead of the busy holiday season. The company said it has cut 48,000 jobs this year, more than twice as many as it announced in April, but has racked up cost savings of about $2.2 billion. “We are executing the most significant strategic shift in our company’s history,” Carol Tomé, the company’s chief executive, said. “And the changes we are implementing are designed to deliver long-term value for a…See the Story
UPS Announces Job Cuts, Cost Savings Ahead of Holiday Delivery Season
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