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UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes

UPS’s stock jumps after earnings beat expectations, but full-year outlook wasn’t updated given economic uncertainties.

Apr 29, 2025 - 12:08
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UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes
UPS’s stock jumps after earnings beat expectations, but full-year outlook wasn’t updated given economic uncertainties.
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