UPS Streamlines, Delivers 1,800 Pink Slips Overnight

Courtesy Digg - Business & Finance  Sat, 01/09/2010 - 04:05

(ATLANTA) — UPS said Friday it will cut 1,800 management and administrative positions to streamline its U.S. small package segment.

The world's largest package delivery company also raised its profit forecast for the fourth-quarter that ended in December, citing improving operations and cost cuts.

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