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300 UPS Pilots To Soon Take Furloughs

 

By: chandrea patterson (Add to your loop)
Mon, 02/08/2010 - 18:05

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According to The Wall Street Journal, UPS is planning to cut $244 million of its expenditures by issuing furloughs to 300 of its airline pilots by 2015.

United Parcel Service Inc. will furlough about 11 percent of its total pilots after its initial agreement for voluntary cost cutting failed to meet the projected goal.

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