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The UPS layoffs follow its January decision to cut half of its delivery business with Amazon, its largest customer. The shipper’s rising labor costs have made many Amazon deliveries less lucrative.
UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon ...
UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty ...
The layoffs were announced on Apr. 29 in UPS' first quarter earnings report. In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters ...
UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology ...
The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term initiative to boost efficiency and lower costs. UPS also said it plans to ...
News Reporter UPS announced Tuesday that it would slash 20,000 jobs amid the economic chaos of President Donald Trump’s tariffs, The New York Times reported. The move, which the company said is ...
UPS is cutting 20,000 jobs and closing some facilities as the delivery company reduces the amount of Amazon packages it handles. The company said it plans to conduct the layoffs before the end of ...
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. New Jersey says chemical maker 3M agrees to ...