UPS will cut 20,000 jobs and close 73 facilities due to new global trade tariffs announced by US President Donald Trump. These layoffs are also part of UPS's plan to reduce deliveries for Amazon.com.
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UPS 20k Layoffs: Reasons, Impact & Industry Analysis

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United Parcel Service (UPS), the world’s largest package delivery company, has announced plans to cut 20,000 jobs in 2025-a move […]