UPS to Cut 20,000 Jobs, Close Some Facilities as It Reduces Amount of Amazon Shipments It Handles UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically ...

The United Parcel Service (UPS) has announced plans to cut thousands of jobs and close over 70 buildings in 2025, per the company’s 2025 first quarter earnings report. The new report analyzed ...

In total, the company expects the changes will cut about $3.5 billion in costs in 2025. For years, Amazon has been the company’s largest customer. UPS has about 490,000 employees worldwide ...

Panasonic Holdings 67521.47%increase; green up pointing triangle plans to cut about 10,000 jobs globally as it streamlines operations at its headquarters and business units including consumer ...