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UPS cutting thousands of jobs

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GRAND JUNCTION, Colo. (KREX) — The United Parcel Service, or UPS, is looking to reduce its global workforce, which could have a big impact here in Western Colorado.

The parcel company tells KREX it expects 75% of its employee reductions will come in the first half of this year.

In a statement to KREX UPS says "In 2023, dynamic external and economic conditions led to lower volume and a more than $9 billion decline in revenue year over year.

The company plans to eliminate roughly 12,000 jobs worldwide over the next several months.


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