International Companies

UPS Q1 earnings beat expectations, announces job cuts and building closures

By Iain Gilbert

Date: Tuesday 29 Apr 2025

(Sharecast News) - Shipping courier United Parcel Service revealed on Tuesday that quarterly earnings had come in ahead of Wall Street expectations but also announced plans to cut its workforce by 20,000 jobs and shutter multiple buildings in 2025 to offset an expected reduction in Amazon volumes and economic uncertainty stemming...

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