UPS: the American parcel delivery group will cut 12,000 jobs. A social plan has just been announced by the general director which will cost the company a billion dollars.

UPS has initiated a massive program to automate its mail and package processing centers. In particular, he created a site called UPS Velocity, in Louisville (Kentucky), where part of the operations are carried out by some 700 robots. The company published, on Tuesday, a turnover down 7.8% in the fourth quarter, year-on-year.