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UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...
UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.
United Parcel Service said on Tuesday that it will cut 20,000 positions this year, moving to slash expenses months after it parted ways from Amazon, its biggest customer. Amazon accounted for about 12 ...
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.
Express giant UPS has announced it will cut around 20,000 jobs largely as a result of its decision to reduce its business ...
Explore the impact of the tariff on major companies like UPS and General Motors in today's unpredictable trade landscape.
The U.S. logistics company stated on Tuesday that it plans to close "73 leased and owned buildings by the end of June 2025.".
The U.S. trade war under Donald Trump's administration is causing significant disruptions globally. Major corporations like ...
The White House on Tuesday slammed Amazon over reports it would soon tell consumers how much US President Donald Trump's ...
Shipping giant UPS announced on Tuesday that it will be cutting 20,000 jobs to cut costs. The announcement was made during ...