UPS Looks to Reduce Costs With Review of Global Operations

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arcel giant UPS plans to review its global operations in order to reduce costs and boost efficiency, Bloomberg reported Wednesday.

As part of the review, which will target management and administrative functions, UPS will cut an unspecified number of jobs, Bloomberg said.

UPS expects to complete the review early next year.



News of the review follows an announcement in early October of streamlining and job cuts at the package delivery firm’s UPS Supply Chain Solutions unit. (Click here for previous coverage.)