UPS to Cut 20,000 Jobs and Close Some Facilities Due to Reduced Amazon Shipments
Wednesday, April 30th, 2025
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 anticipates making the job cuts this year. It anticipates closing 73 leased and owned buildings by the end of June. UPS said that it is still reviewing its network and may identify more buildings to be shuttered.
Read More At: Yahoo