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Money Talks News on MSNShipping Industry Shakeup: Why UPS Is Cutting Jobs and What You Should Do TodayUPS is cutting 20,000 jobs and closing 73 facilities as Amazon shipments decline. These changes, combined with new tariffs on ...
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UPS is cutting 20,000 jobs. It’s not what you thinkUPS 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) is expected to reduce its workforce by roughly 20,000 during 2025, citing "new or increased tariffs" and "changes in general economic conditions in the U.S. or ...
United Parcel Service on Tuesday revealed plans to slash 20,000 jobs after deciding earlier this year to slash the number of packages it delivers for its top customer, Amazon. Shares in UPS ...
SIX. UPS IS CUTTING TENS OF THOUSANDS OF JOBS AND CLOSING DOZENS OF ITS BUILDINGS TO REDUCE COSTS AND INCREASE PROFITS. WLKY JAMIE MAYES IS LOOKING AT THE POTENTIAL IMPACT ON WORKERS HERE IN ...
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.
By Peter Eavis UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come as President Trump’s tariffs are ...
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. The package delivery company said Tuesday that it ...
In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters in the United States. Cutting 20,000 jobs represents about 4% of UPS' workforce.
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