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Layoffs in 2024: PayPal cuts 2,500 jobs, UPS to let go of 12,000 employees

Payment platform PayPal is planning to cut around 2,500 jobs while United Parcel Service Inc (UPS) has also announced to let go of 12,000 employees.

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UPS Layoffs: Shipping and Logistics Firm Announces 12,000 Job Cuts

The UPS Layoffs will save the company about $1 billion in costs, CEO Carol Tomé said on a company earnings call. UPS Layoffs: Shipping and Logistics Firm Announces 12,000 Job Cuts.

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