UPS will cut 20,000 jobs because fewer Amazon packages are coming

UPS (UPS) said Tuesday that it would cut 20,000 jobs this year and shutter 73 facilities after significantly scaling back its delivery partnership with Amazon (AMZN) — previously its largest customer accounting for 12% of revenue.Read more...

Apr 29, 2025 - 14:29
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UPS will cut 20,000 jobs because fewer Amazon packages are coming

UPS (UPS) said Tuesday that it would cut 20,000 jobs this year and shutter 73 facilities after significantly scaling back its delivery partnership with Amazon (AMZN) — previously its largest customer accounting for 12% of revenue.

Read more...