Source: International Business Times
UPS cut 48,000 jobs in 2025 and beat Q3 estimates, sparking investor optimism amid automation and cost pressures. United Parcel Service (UPS) announced on 28 October that it has eliminated approximately 48,000 jobs in 2025, as part of a comprehensive turnaround plan. The restructuring includes site closures, management reductions, and scaling back of lower-margin business lines.
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