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UPS profit plunges 55 in first quarter 10 000 jobs cut Associated

UPS profit plunges 55  in first quarter  10 000 jobs cut   Associated

Summary: The world s largest shipping carrier also gave a disappointing second quarter outlook on Thursday and disclosed it shed 10 000 domestic jobs during the first three months of the year Nati Harnik Associated Press With fewer people sending packages UPS reported revenue dropped more than 13 percent in the first quarter of the year

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