United Parcel Service is cutting up to 30,000 jobs this year as it accelerates its withdrawal from Amazon, a move that could see everyday shoppers and small businesses paying significantly more for deliveries.
The logistics giant announced the job cuts on Tuesday following its quarterly earnings release. Chief financial officer Brian Dykes confirmed the reductions would be 'accomplished through attrition', adding that the company expects to 'offer a second voluntary separation programme for full-time drivers,' according to CNBC.
