Ups Canada Layoffs 2024 Canada. Contract negotiations between ups and the union representing 340,000 of the company's workers broke down early wednesday with each side blaming the other for. 1, and the sales outlook will squeeze profit โ ups predicts adjusted operating margin will be 10 per cent to 10.6 per cent for the year, below.
And canadian companies have continued to cut jobs in 2024 after letting go thousands last year, as they remain uncertain about the economic conditions. The shipping giant, which forecast weak demand for parcel delivery in 2024, has said it plans to lay off 12,000 employees to save $1 billion in costs.
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