Wednesday, 29 October, 2025
UPS Cuts 48,000 Jobs Amid Amazon Delivery Reduction
UPS announced a major reorganization and 48,000 job cuts, including 34,000 drivers and 14,000 management posts. This massive reduction is linked to an agreement to decrease the volume of Amazon packages delivered by over 50% by 2026. The move aims to phase out unprofitable operations and create a more efficient business model for the shipping giant.
Read full story at Economic Times