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International Business Times UK
International Business Times UK
Bernadette B. Tixon

UPS Cuts 48,000 Jobs—Then Beats Wall Street Expectations; Is This the New Normal for Corporate Turnarounds?

UPS beat Q3 earnings forecasts just months after cutting 48,000 jobs and closing 93 facilities, stunning Wall Street. (Credit: YouTube)

UPS delivered a stronger-than-expected third-quarter earnings report this week, even as it confirmed nearly 48,000 job cuts and 93 facility closures in 2025. The Atlanta-based shipping giant's aggressive cost-cutting and operational overhaul appear to be paying off financially, but the scale of the restructuring has raised questions about the long-term impact on workers, customers, and the logistics industry.

Q3 Earnings Beat Defies Expectations

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