https://www.wsj.com/business/logistics/united-parcel-service-ups-q3-earnings-report-2025-stock-jobs-layoffs-1d954f75
UPS reduced its management workforce by about 14,000 and its operational workforce by 34,000 positions.
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Just prior to the Christmas season? The timing seems odd.
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Could be in response to them dropping Amazon as a client.
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As I recall the announcement was made back in January, but I didn’t realize they were pruning back gradually through next year. Still, I get multiple Amazon packages weekly and haven’t seen a UPS truck deliver one for months.
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Same here. They are all Amazon branded delivery vans. And I live waaayyy out in the boonies where the population density is low. I’m sure the economic payoff is even greater in densely populated areas.
Wendy
At this point, the wholesale trade for Xmas is known.