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UPS to cut 20,000 jobs as it slashes Amazon deliveries
Mint New Delhi
|April 30, 2025
UPS has about 490,000 employees, suggesting the planned cuts will account for 4% of its staff
United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.com Inc. The reduction in its operational workforce—a group that includes delivery drivers and package handlers—is part of a network overhaul in response to expected "lower volumes from our largest customer". UPS said Tuesday in a statement that also detailed first-quarter results. The Atlanta-based company will shutter 73 leased and owned buildings by the end of June and said it may identify additional facilities for closure.
This story is from the April 30, 2025 edition of Mint New Delhi.
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