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International Business Times
International Business Times
Business
Sana Khan

UPS To Cut 20,000 Jobs, Close 73 Facilities Amid Amazon Delivery Pullback And Cost Cuts

UPS Amazon Teamsters the International Brotherhood of Teamsters

UPS announced on Tuesday its plans to eliminate 20,000 jobs this year as part of a broader cost-reduction initiative. This strategic decision follows the company's move to scale back its package deliveries for Amazon, its largest customer.

UPS Plans More Layoffs And Facility Closures

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