UPS to Cut 20,000 Jobs as Amazon Pullback and Tariff Pressures Reshape the Shipping Giant

UPS, the global shipping heavyweight, is preparing to lay off 20,000 workers in 2025 as it wrestles with rising economic pressures and a rapidly shifting business environment. The announcement, which came during its latest earnings call, reflects a company looking to stay lean and competitive amid declining shipments from Amazon and renewed strain from international […]