UPS Cuts 20,000 Jobs Amid Amazon Pullback

April 29, 2025, 2:20 pm

UPS is set to slash 20,000 jobs and close dozens of facilities as part of a comprehensive efficiency effort amid a shrinking business relationship with Amazon. The network reconfiguration aims to counter reduced package volumes and changing freight dynamics, reflecting broader challenges from tariff pressures and a pullback in low‐margin deliveries.

techinasia.com / UPS to cut 20k jobs, close 73 facilities by June

These changes are expected to take effect by the end of June 2025, with further adjustments still under review.

theinformation.com / UPS to Cut 20,000 Jobs as Amazon Deal Shrinks - The Information

UPS to Cut 20,000 Jobs as Amazon Deal Shrinks The Information

zerohedge.com / UPS To Slash 20,000 Jobs On Amazon Pullback & Looming Freight Slowdown

UPS To Slash 20,000 Jobs On Amazon Pullback & Looming Freight Slowdown United Parcel Service plans to cut tens of thousands of jobs this year and close dozens of leased and owned facilities by the end of June, describing the move as a "network reconfiguration and efficiency...

permalink / 3 stories from 3 sources in 9 hours ago #amazon #business #job-market #china #tariffs #economy

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