UPS to cut 20,000 jobs on likely lower Amazon shipments; first-quarter profit exceeds estimates
- Posted on April 29, 2025
- By The Globe and Mail
- 1 Views
UPS to cut 20,000 jobs on likely lower Amazon shipments; first-quarter profit exceeds estimates
UPS shares rose nearly 2% before the bell on Tuesday after it said it expects to save US$3.5-billion in 2025 from jobs cuts and by shutting 73 leased and owned buildings by the end of June