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UPS TO CUT 2,000 MANAGERS

United Parcel Service of America Inc. will cut 2,000 management jobs in an effort to reduce costs and trim operations, The Wall Street Journal reported today.

The jobs will be eliminated over the next 18 months, senior UPS executives told the Journal. It was not clear if the job cuts would be made through attrition, buyouts or layoffs.

One executive, who requested anonymity, told the newspaper that the company was doing everything to avoid layoffs, "but we can't say it definitely won't happen."

The UPS worldwide work force of 300,000 includes about 35,000 managers.

(Last week UPS confirmed plans to cut 60 customer service representatives in Western New York as part of a nationwide cutback of its telephone information systems).

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