On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than 4% of its workforce.

Don’t miss: UPS to cut its Amazon business by more than 50%. ... The job cuts may also lead to a “re-measurement” of its pension-plan obligations, but UPS could not yet determine the impact.

Putting those figures into context, UPS revenue was about $91 billion in 2023 (making healthcare 11% of revenue), and Wall ...

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments.

The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, ... UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, ...

April 29 (UPI) --UPS announced Tuesday that it will cut 20,000 jobs this year to save money due to a reduction in deliveries from Amazon, its top client."We expect to reduce our operational ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than 4% of its workforce. We're still working to learn where those cuts will ...

Don't miss: UPS to cut its Amazon business by more than 50%. ... The job cuts may also lead to a "re-measurement" of its pension-plan obligations, but UPS could not yet determine the impact.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, ... UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, ...

UPS to cut 20,000 jobs, ... The job cuts may also lead to a "re-measurement" of its pension-plan obligations, but UPS could not yet determine the impact. Amid the loss of Amazon volume, ...