Business Insider: UPS says it is cutting 20,000 staff and shuttering over 70 facilities

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  • UPS said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency.
  • The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft.
  • The cuts are linked to the “changing trade environment,” UPS CEO Carol Tomé said.

UPS plans to slash 20,000 jobs this year as part of a cost-cutting drive amid the shifting global trade landscape triggered by President Donald Trump’s tariffs.

Thank you, sir, King Donald! Please, sir, may I have another?

UPS says it is cutting 20,000 staff and shuttering over 70 facilities
UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to strengthen operations.

https://www.msn.com/en-us/money/companies/ar-AA1DRpsL

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