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UPS cutting 20,000 jobs, closing 73 locations by end of year
UPS is expected to close 73 locations by the end of June. Some of the building locations are owned by the company, while others are leased. The company went on to say it is evaluating its network and may decide to close more locations. It is unclear which locations will be closing soon.
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
The company announced that it will be reducing its workforce by around 20,000 positions in 2025, while closing over 70 ...
The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.
UPS is cutting 20,000 jobs and slashing Amazon deliveries, raising questions about layoffs, USPS competition, and the future ...
By Christoph Steitz, Marie Mannes, Kalea Hall, Lisa Baertlein FRANKFURT/STOCKHOLM/DETROIT/LOS ANGELES (Reuters) -The fallout ...
Job cuts and store closures loom at UPS as it scales back Amazon package deliveries. The immediate impact on Oklahoma remains ...
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