Why is UPS cutting 20,000 jobs?
How will Trump’s auto tariff relief impact US automakers?
What caused the stock plunge in Super Micro shares?
Why did Starbucks’ profits drop despite turnaround efforts?
How are Trump’s tariffs affecting US import volumes?
What is behind Amazon’s tariff cost display controversy?
How did Mark Carney lead Canada’s Liberal election win?
Why is consumer confidence hitting COVID-era lows?
What’s the outlook after GM withdraws profit guidance?
UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities
fortune.com/article/ups-amazon-job-cuts-close-facilities-stock-shipping
Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the midst of a massive overhaul of its delivery network. Earlier this year, the company announced an ambitious plan to decouple from Amazon in favor of more profitable…
This story appeared on fortune.com, 2025-04-29 21:12:05.