UPS to Cut 12,000 Jobs After ‘Disappointing’ Year

Louisville’s largest employer, UPS, plans to cut 12,000 jobs worldwide after what its CEO called a “difficult and disappointing” year.

The jobs to be eliminated will come primarily from UPS’ management ranks as opposed to positions like package handlers, drivers, pilots, and other hourly positions (which is the vast majority of Louisville-area workers).

A UPS spokeswoman confirmed that union-represented hourly jobs are not part of the planned cuts.

Do you think we’ll see more companies following suit after a difficult 2023 ahead of the upcoming election?