United Parcel Service (UPS) is set to lay off 20,000 employees and close 73 facilities as part of a planned reduction in deliveries for Amazon.com, and amid the ongoing global uncertainty and trade war initiated by the current US administration under President Donald Trump.

During the company’s first-quarter investor call, management said the goal is to reduce Amazon’s volume in its network by over 50% by June 2026, as the e-commerce giant’s business “is not profitable for us, nor a healthy fit for our network.”…

Source: ch aviation
Read more: UPS to slash 20,000 jobs as Amazon partnership winds down