UPS said Friday it will cut 1,800 positions in order to streamline its U.S. small package segment. UPS said it will reduce its U.S. regions from five to three and its U.S. Districts from 46 to 20 in April.
There are no plans to close any operating facilities. UPS said the consolidation of offices will not affect the sales and operations team, including drivers. UPS expects to incur a one-time charge in 2010 because of the restructuring.