{"id":382,"date":"2025-04-29T17:17:07","date_gmt":"2025-04-29T17:17:07","guid":{"rendered":"http:\/\/logicalware.net\/?p=382"},"modified":"2025-04-29T19:45:43","modified_gmt":"2025-04-29T19:45:43","slug":"ups-to-cut-20k-jobs-amid-trump-tariff-uncertainty","status":"publish","type":"post","link":"http:\/\/logicalware.net\/index.php\/2025\/04\/29\/ups-to-cut-20k-jobs-amid-trump-tariff-uncertainty\/","title":{"rendered":"UPS to cut 20K jobs amid Trump tariff uncertainty"},"content":{"rendered":"

The United Parcel Service<\/a> (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term initiative to boost efficiency and lower costs.<\/p>\n

UPS also said it plans to close 73 leased or owned buildings by the end of June, and \u201cmay identify additional buildings for closure\u201d as officials review the network.<\/p>\n

The announcement comes as President Trump\u2019s sweeping tariffs<\/a> are expected to reduce shipping volume. In anticipation of that shift, UPS has focused its cost-cutting efforts on consolidating facilities and the workforce and reconfigure the network\u2019s \u201cend-to-end process.\u201d<\/p>\n

The shipping giant said it would not update its full-year outlook for 2025 because of \u201cthe current macro-economic uncertainty.\u201d<\/p>\n

\u201cI want to thank all UPSers for their hard work and efforts in this very dynamic environment,\u201d UPS Chief Executive Officer Carol Tom\u00e9 said in a statement, announcing the company\u2019s first quarter earnings.<\/p>\n

\u201cAs a trusted leader in global logistics, we will leverage our integrated network and trade expertise to assist our customers as they adapt to a changing trade environment,” Tom\u00e9 continued. “Further, the actions we are taking to reconfigure our network and reduce cost across our business could not be timelier.”<\/p>\n

\u201cThe macro environment may be uncertain, but with our actions, we will emerge as an even stronger, more nimble UPS,” she added.<\/p>\n","protected":false},"excerpt":{"rendered":"

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term initiative to boost efficiency and lower costs. UPS also<\/p>\n

Continue reading <\/use> <\/svg>UPS to cut 20K jobs amid Trump tariff uncertainty<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[],"_links":{"self":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/382"}],"collection":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/comments?post=382"}],"version-history":[{"count":1,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/382\/revisions"}],"predecessor-version":[{"id":383,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/382\/revisions\/383"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/media\/384"}],"wp:attachment":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/media?parent=382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/categories?post=382"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/tags?post=382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}