That’s not what UPS said.It began before the tariffs
UPS Stock Falls After Amazon Business Cut
Published Jan 30, 2025 at 1:16 PM ESTUpdated Jan 30, 2025 at 9:38 PM EST
“UPS employees in Arizona face layoffs as the global shipping company announced plans to reduce its overall workforce by 20,000 positions, citing a "changing trade environment" amid tariff uncertainty.”