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UPS announces it will lay off 20,000 workers throughout the remainder of 2025 as the logistics giant grapples with falling demand, operational restructuring, and a significant decline in package volumes from Amazon—its largest customer. The company also confirms it will shutter 73 distribution centers as part of a sweeping consolidation plan aimed at reducing costs and adapting to shifting e-commerce trends.
The announcement, made from UPS headquarters in Atlanta, comes just a year after the company eliminated 12,000 positions in 2024. These cuts, according to executives. . .
