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UPS cutting 20,000 jobs, closing 73 locations by end of year
UPS is expected to close 73 locations by the end of June. Some of the building locations are owned by the company, while others are leased. The company went on to say it is evaluating its network and may decide to close more locations. It is unclear which locations will be closing soon.
The shipping giant said the moves were expected to save $3.5 billion and were made in anticipation of “lower volumes from our ...
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
The company announced that it will be reducing its workforce by around 20,000 positions in 2025, while closing over 70 ...
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...
Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the ...
UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is ...
UPS is cutting 20,000 jobs and slashing Amazon deliveries, raising questions about layoffs, USPS competition, and the future ...
UPS is reportedly in advanced talks with startup Figure AI to trial humanoid robots possibly to sort parcels and support ...
By Christoph Steitz, Marie Mannes, Kalea Hall, Lisa Baertlein FRANKFURT/STOCKHOLM/DETROIT/LOS ANGELES (Reuters) -The fallout ...
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