UPS Cuts 48,000 Jobs to Boost Profits – Amazon Slowdown, Trump Tariff Impact?

UPS cuts 48,000 jobs to boost profits – Amazon slowdown, Trump tariff impact?

UPS has slashed 48,000 jobs since last year to cut costs and revive profits. Shares surged 7% as the delivery giant faces tariffs and e-commerce slowdown.

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

UPS beat Q3 earnings expectations after cutting 48,000 jobs and closing 93 facilities. Analysts and workers alike are asking: Is this the new blueprint for corporate recovery?

UPS reports 48,000 jobs cut in the year to date

United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts. Shares rose more than 7% in afternoon trading on Tuesday. UPS earned $1.31 billion, or $1.55 per share, for the three months ended September 30. The Atlanta-based company earned $1.99 billion, or $1.80 per share, a year earlier. Removing onetime costs, earnings wer…

Atlanta-based UPS cuts 48,000 jobs in the year to date as its turnaround continues

United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 34,000 job cuts.

UPS Just Laid Off 48,000 People Like It’s Nothing

UPS has officially confirmed a massive wave of layoffs, cutting nearly 48,000 jobs in 2025 as part of an ongoing restructuring effort aimed at saving money and boosting profits. The cuts include management positions and warehouse roles, marking one of the largest workforce reductions in the company’s history. According to reports from the Associated Press, the layoffs have been happening throughout the year, not all at once, as UPS adjusts to lo…