UPS JOB CUTS

Apr 30 2025BUSINESS

UPS: Big Changes Ahead for the Delivery Giant

The delivery world is in for a shakeup. UPS has announced it will be letting go of 20, 000 workers this year. This move is part of a bigger plan to tighten the belt and boost profits. The company is feeling the pinch from various factors, including the tariffs introduced by President Trump. These tariffs have led some customers to cut back on shipping. The compan...

reading time about 2 minutes
Apr 29 2025BUSINESS

Job Cuts and Cost-Cutting: UPS's Bold Moves Amid Economic Uncertainty

A major shake-up is happening at UPS. The company is planning to cut 20, 000 jobs. This is a big deal. It's all because of the economic uncertainty caused by Trump's tariffs. These tariffs are making it tough for UPS's biggest customer, Amazon, to keep up the same level of demand. UPS's shares took a small hit, dropping 1% in early trading. But the company is lookin...

reading time about 2 minutes