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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, its biggest ...
The United Parcel Service made the announcement alongside its Q1 2025 earnings report. UPS stock rose slightly on the news.
UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to ...
The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term ...
The announcement was made during UPS’s ... the AP reported. Last year, UPS cut 12,000 management jobs, Bloomberg reported.
UPS is set to eliminate nearly 20,000 jobs and close 73 facilities by June, a strategic move following a significant ...