UPS is laying off 20,000 workers as it slashes Amazon deliveries.
UPS revealed the job cuts in its earnings report released today, which it says are linked to “lower volumes from our largest customer,” Amazon. The company announced earlier this year that it will decrease its Amazon deliveries by more than 50 percent by the second half of 2026. The layoffs will affect around 4 percent of the company’s 490,000 employees. UPS also plans to close 73 of its buildings by the end of June…
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