Logistics company United Parcel Service, Inc. (UPS) is planning to hire 100,000+ seasonal employees. UPS was expected to hire at least 60,000 seasonal employees in its fifth Brown Friday event, held on November 4-5, to reach its previously-set goal. This reflects that the company expects an uptick in business activities during the holiday season.
The company expects about 4-5% revenue growth and an adjusted operating margin of about 12.4% for its U.S. domestic segment. For fiscal 2022, UPS expects revenue of around $102 billion and an adjusted operating margin of about 13.7%.
