UPS To Cut 20,000 Jobs, Close Facilities As Amazon Shipments Drop Amid Trump Tariffs

benzinga.com/25/04/45092839/ups-to-slash-20k-jobs-shut-several-facilities-amid-reduction-in-amazon-deliveries

United Parcel Service Inc. (NYSE:UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ:AMZN), its primary client, and the ongoing repercussions of…

This story appeared on benzinga.com, 2025-04-30 08:42:09.
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