Parcel service UPS wants to reduce 20,000 jobs worldwide – Diepresse.com
Companies are beginning to adapt to the new trade regulations: Because of the lower shipping volume of Amazon, UPS is reducing jobs worldwide.
The UPS parcel service wants to reduce 20,000 jobs worldwide. This was announced by the US company in New York on Tuesday. The reason is a significantly lower shipping volume of the Internet retailer Amazon, the largest UPS customer. Already in January UPS had announced that it was only half as many packages for Amazon by June 2026.
« According to his operational needs, UPS wished to reduce volume and of course we respect this decision, » emphasized Amazon spokeswoman Kelly Nantel in a statement to the APA. « We will continue to stay partners of UPS and many other parcel services to serve our customers, » she added.
UPS wants to « reduce operative staff by around 20,000 posts in the course of 2025, » as it said in a statement by the company. The parcel service employed around 490,000 people worldwide at the end of 2024. In addition, a total of 73 rented and own buildings would be closed by the end of June.
Cost -reducing measures
With the cost-reducing measures, UPS wants to adapt to the « changed trade environment », said CEO Carol Tome, alluding to customs policy of US President Donald Trump, who ensures uncertainty worldwide.
UPS showed a net profit of almost $ 1.2 billion (1.1 billion euros) for the months of January to March, around seven percent more than in the first quarter of 2024. In the same period, sales decreased slightly by $ 21.5 billion in the same period. (APA/AFP)
