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shipping industry

UPS cuts 48,000 jobs in the year to date as its turnaround continues
Oct 28, 2025

UPS cuts 48,000 jobs in the year to date as its turnaround continues

UPS cut about 34,000 jobs and closed 93 facilities this year as part of its cost-cutting turnaround and restructuring plan.

FILE - A UPS driver enters a United Parcel Service store with packages in Jackson, Miss., Monday, July 26, 2021.AP Photo/Rogelio V. Solis, File)
Apr 29, 2025

UPS to cut 20,000 jobs as it pulls back from Amazon

United Parcel Service is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it anticipates making the job cuts this year. It anticipates closing 73 leased and owned buildings by the end of June. […]

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