UPS to cut 20,000 jobs and close dozens of buildings as Amazon shipping volume declines

UPS sees consumer confidence and shipping volumes drop more than expected in February and March due to uncertainty surrounding tariffs.

Apr 29, 2025 - 17:05
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UPS to cut 20,000 jobs and close dozens of buildings as Amazon shipping volume declines
UPS sees consumer confidence and shipping volumes drop more than expected in February and March due to uncertainty surrounding tariffs.