Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

UPS to lay off 1,800 management personnel

|
|
 
  
Published: Jan. 9, 2010 at 10:57 AM
Advertisement

ATLANTA, Jan. 9 (UPI) -- U.S. shipper United Parcel Service says it is eliminating 1,800 management and administrative positions in a restructuring move.

UPS said about 1,100 employees will be offered "voluntary separation" packages while others are to receive severance benefits and access to support programs based on length of service.

The shipper, in announcing higher-than-expected fourth-quarter earnings of 58 cents to 65 cents per share, revealed it would reduce the number of districts and regions in its U.S. small package operation in April while expanding its "outreach to customers by strengthening local sales and marketing efforts."

UPS said Friday it has no plans to close any operating facilities and asserted the consolidation of offices will not affect "the unique relationship between customers and UPS's sales and operations team, including drivers."

"The decision to reduce our workforce is difficult and we appreciate the significant contributions of those who will be affected by this change," UPS chief executive Scott Davis said in a statement. "But we believe this will allow us to sharpen our focus on profitable growth while being even more nimble in serving our customers."

Recommended Stories
© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Additional Business News Stories
1 of 25
Rare visitors from the Artic,  Snowy Owls, make appearance in Grays Harbor County.
View Caption
fark
Bucket kicks the man
Good News: Researchers invent vaccines to prevent heroin, cocaine, and meth addiction. Bad News:...
"Institutionalizing juveniles and branding this as criminal behavior rather than dealing with it...
A handy guide to completing a collection of the most useless, disgusting things ever created by...
It's one thing to steal a microwave, it's another to steal a microwave tower
Helicopter parents are now following their children from college to the workplace. Say what you...