UPS cutting around 20,000 jobs amid 'new or increased tariffs'; 164 buildings closing

Blaming Trump alone for laid off workers hides key factors

It’s such a tempting storyline: UPS announces that it will lay off 20,000 workers, citing “changes in the global trade policy and new or increased tariffs.”There you have it. A perfect example of how Trump’s tariffs are screwing working people, many of whom voted for him. Or is it? UPS, like every major U.S. corporation, is in business to extract as much wealth as possible and shovel it to its shareholders and top executives in the form of stock…

Blaming Trump Tariffs Alone for 20,000 Laid Off UPS Workers Hides Key Factor: Stock Buybacks and Wall Street Greed

Blaming the Trump tariffs for every sin imaginable may be emotionally satisfying, but while it may end up being a factor, it is not the whole story here.

UPS Layoffs: Are 20K Jobs Being Cut Because Of Amazon?

UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh - Hawaii Tribune-Herald

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and amid U.S. President Donald Trump’s tariffs that are roiling global trade.

UPS cutting around 20,000 jobs amid 'new or increased tariffs'; 164 buildings closing

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments.

UPS Set To Cut 20,000 Jobs And Shut 73 Facilities Amid Reduced Amazon Shipments And New US Tariffs

Businesses all over the country are bracing themselves for the impact of the president’s newly imposed tariffs, which have continued to disrupt the dynamics of trade in the United States and around the world. The tariffs have caused supply chains to become disorganized, leading to a rise in operational costs for various industries, thus compelling them to rethink their financial plans to preserve their competitive edge. United Parcel Service (UP…