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UPS Has Already Cut 48,000 Workers This Year
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UPS Has Already Cut 48,000 Workers This Year

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About 70 percent of the layoffs affected drivers and warehouse workers, the delivery company said.

UPS has since last year reduced its work force by 48,000 employees, the company said on Tuesday, in a cost-cutting drive aimed at bolstering profits and winning back investors. The Atlanta-based delivery company, which had nearly half a million emplo... [2840 chars]

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Source: The New York Times

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