
UPS to lay off 20,000 employees, shut down facilities as it reduces Amazon shipments – The Times of India
United Parcel Service (UPS) has announced its plans to cut nearly 20,000 jobs and close 73 facilities by the end of June. This move comes after the biggest package delivery company in the world decided to sharply cut back on the shipments from its largest customer, Amazon. The company announced that it expects the job…