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UPS to cut staff amid softening demand, report says

[ad_1] UPS Inc. (NYSE: UPS) will be reducing its headcount in some regions of the country where the company has seen a decrease in delivery demand, Reuters reported Feb. 13.

The news comes as the Atlanta shipping giant prepares for contract negotiations with the Teamsters Union later this year. The Teamsters union posted Feb. 9 about layoffs in a specific driver position. Reuters confirmed the layoffs with UPS.

“This is not nationwide, but only in select parts of the country, in response to uneven demand,”…

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