UPS to cut 30,000 jobs
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UPS announced its Q4 earnings, beating expectations, but announced a secondary round of massive layoffs.
United Parcel Service Inc. expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.
2025 was a year of change for UPS, bringing major shifts in its relationships with Amazon and the U.S. Postal Service along with a slew of tariffs — and its earnings reflect that.
The next quarterly earnings update could extend the positive trends taking shape.
Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools.
6hon MSN
Amazon to cut 16,000 jobs, shut Go and Fresh stores, expand Whole Foods amid organizational changes
Amazon is eliminating 16,000 positions, company officials said Wednesday, just months after announcing job cuts affecting 14,000 roles in October. This new round of layoffs was a way to "strengthen our organization by reducing layers,