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FILE – A United Parcel Service truck is parked on a street, in New York, Thursday, May 11, 2023. Shares of UPS are falling before the market open on Tuesday, Jan. 30, 2024, as the package delivery company gave a weaker-than-expected full-year revenue forecast. (AP Photo/Richard Drew, File)CEO Carol Tome said that by reducing the company’s headcount UPS will realize $1 billion in cost savings.
Originally published at Associated Press