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UPS to cut 20K jobs as it reduces Amazon volume

Integrator to retire 3 MD-11Fs this year

Yael KatzwerbyYael Katzwer
April 29, 2025
in Express
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UPS reported $21.5 billion in operating revenue for the first quarter of 2025, down 0.7% year over year, and will cut 20,000 jobs this year.  The job cuts are in line with the total Amazon volume decline, Chief Financial Officer Brian Dykes said on today’s earnings call.  UPS announced plans to reduce Amazon’s volume with […]

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Tags: 767-300FAmazonearningsMD-11FPremiumTeamsterstransactionsUPS
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