UPS cutting 20,000 jobs amid reduction in Amazon shipments

T

Trumpet

Verified User
So this is Trump-onmics.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to fewer deliveries from Amazon, its biggest customer.

The shipping company, which operates in over 200 countries, currently has around 490,000 employees. The layoffs will impact slightly over 4% of its workforce. This follows an announcement from UPS last year that it would cut 12,000 positions.

The move is part of the company's plan to consolidate UPS's facilities and workforce. Along with the job cuts, the company announced it will also close 73 of its buildings by the end of June 2025 and said that it may target additional buildings for closure.

https://www.cbsnews.com/news/ups-jo...k-price/?ftag=CNM-00-10aab7e&linkId=808219939


www.forbes.com

UPS To Cut 20,000 Jobs In 2025 After Slashing Amazon Shipments

The shipping giant halved its deliveries for Amazon earlier this year.
www.forbes.com www.forbes.com
 
Trumpet said:
So this is Trump-onmics.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to fewer deliveries from Amazon, its biggest customer.

The shipping company, which operates in over 200 countries, currently has around 490,000 employees. The layoffs will impact slightly over 4% of its workforce. This follows an announcement from UPS last year that it would cut 12,000 positions.

The move is part of the company's plan to consolidate UPS's facilities and workforce. Along with the job cuts, the company announced it will also close 73 of its buildings by the end of June 2025 and said that it may target additional buildings for closure.

https://www.cbsnews.com/news/ups-jo...k-price/?ftag=CNM-00-10aab7e&linkId=808219939


www.forbes.com

UPS To Cut 20,000 Jobs In 2025 After Slashing Amazon Shipments

The shipping giant halved its deliveries for Amazon earlier this year.
www.forbes.com www.forbes.com
Click to expand...
9j52cy.jpg
 
Trumpet said:
This is just the beginning of our economical unraveling, prepare for more shoes to drop.
Click to expand...
More pain to come over the next couple months. Trump has been making big use of is powers to declare a national emergency. Expect him to declare a few more as Americans start reeling from the pain of his tariffs.
 
Earl said:
Indeed!
Click to expand...
Amazon touts same day or next day delivery in large cities. UPS cannot, and never has, handled that schedule. Oddly enough, the alt lefties should be praising Amazon for saving the planet with EV trucks that they can someday set on fire.
 
You must log in or register to reply here.
Back
Top