Labor & Economic News Blog
Wednesday, April 25, 2007
UPS: More jobs may be cut through attrition
UPS: More jobs may be cut through attritionA top UPS executive said Wednesday the company may continue to shrink portions of its workforce, but that he expects "most of it will be taken care of through attrition." Chief Financial Officer Scott Davis made his comments as UPS posted first quarter profits that met analyst predictions despite weaker-than-expected results in its U.S. package business.
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