UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments. What to know 📋 How to talk money 🤑 💸 to your ...

Shares in UPS ticked up less than 1% premarket after the company said it expects to save $3.5 billion this year from the job cuts and by shutting 73 leased and owned buildings by the end of June.

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 ...

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 prompting some UPS ...

Shipping uncertainty ahead. UPS’s decoupling from Amazon may be the easy part of its reconfiguration, however. Weeks after it announced that change, President Donald Trump announced tariffs on U ...

For its part, the Teamsters union, which represents thousands of UPS workers, said it would fight any cuts that harm its members. “The United Parcel Service is contractually obligated to create ...

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and amid U.S. President Donald Trump's tariffs ...

UPS plans to cut approximately 20,000 jobs in 2025, citing tariffs and economic conditions. The company also plans to close 73 buildings by the end of June 2025, aiming to save $3.5 billion.

UPS to Cut 20,000 Jobs After Amazon Breakup. Package giant shrinking workforce and closing facilities after shift away from biggest customer. By . Denny Jacob. and . Esther Fung. Share. Resize.

UPS’ first-quarter revenue fell slightly to $21.5 billion, but the company still beat Wall Street earnings expectations of $21.05 billion, according to the data firm London Stock Exchange Group ...

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. The package delivery company said Tuesday that it ...