UPS cutting 20,000 jobs amid reduction in Amazon shipments

[BumRushDaShow]

Source: CBS News

Updated on: April 29, 2025 / 11:43 AM EDT


UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to fewer deliveries from Amazon, its biggest customer.

The shipping company, which operates in over 200 countries, currently has around 490,000 employees. The layoffs will impact slightly over 4% of its workforce. This follows an announcement from UPS last year that it would cut 12,000 positions.

The move is part of the company's plan to consolidate UPS's facilities and workforce. Along with the job cuts, the company announced it will also close 73 of its buildings by the end of June 2025 and said that it may target additional buildings for closure. "These actions will enable us to expand our U.S. Domestic operating margin and increase profitability," Brian Dykes, the chief financial officer of UPS said during an earnings call on Tuesday morning.

In a Tuesday regulatory filing, UPS said the cuts are in "connection with our anticipation of lower volumes from our largest customer." The company, which announced $21.5 billion in revenue for this past quarter, expects to save $3.5 billion this year as a result of its consolidation plan.

Read more: https://www.cbsnews.com/news/ups-job-cuts-layoffs-amazon-shipments-stock-price/

[EarthAbides]

1. It's all about profit.

When no one has a decent paying job anymore then no one will be shipping anything anywhere.

[marybourg]

7. Yes. Corporations by law must prioritize shareholder

interests above all. A corporation may have other priorities - welfare of employees, good will of customers and vendors - but shareholders interest - usually profits - must prevail.

[Lovie777]

2. After what Bezos has done..

fighting against unions and DEI and kissing up to shithole, I am done with Amazon.

[Initech]

6. Same, after I use the gift cards I have, no more.

Fuck Bezos and his sucking up to the fucking asshole bullshit.

[Scrivener7]

3. And the spiral widens

[IronLionZion]

4. MAGA is creating so many American jobs!

[CrispyQ]

5. I can barely imagine the damage in the next 100 days.

Are the 1% okay with him tanking the economy? Are their investments so diverse this won't hurt them? Seems to me, so goes the American economy, so goes the global one. Then I remember climate change & think this is their last chance to suck up everything left of beauty & value on planet Earth before we toast it all. They are going to be kings of a pile of rubble.

[EarthAbides]

9. Lots of cheap real estate to buy...

Makes me want to vomit....

[IronLionZion]

23. Yes, they are. The wealthy tend to be diversified and insulated

they buy stuff cheaply during recessions. Lowest income people get screwed hardest of course, as MAGA have been cutting benefits and social programs. Middle class get squeezed while the wealthy are looking forward to more tax cuts.

No matter how wealthy some people get, it will never be enough. Just look the wealthiest man in the world cutting up our national institutions and programs.

[Attilatheblond]

24. The world needs a vaccine for greed

[markodochartaigh]

35. When the economy tanks

the wealthy buy up assets; property, businesses, stocks, homes, etc that the working class is forced to sell for pennies on the dollar. Then, as the economy recovers the working class finds jobs and gradually accumulates enough money to buy those assets at increasingly inflated prices, often leveraged with borrowed money. Obviously when they buy the assets their money goes to the wealthy. Eventually the cycle peaks and the working class has as much ownership of the assets as they are going to get, and the wealthy has as much of the money produced by the working class as they are going to get. Then the economy tanks again. The workers are forced to sell, often at a loss, as they lose their jobs. The wealthy buy the assets as cheaply as possible with the money that they received from selling assets to the workers on the way up. The economic cycle is just a way to squeeze value from the workers while allowing the wealthy to alternately hoard assets and money, releasing the assets when profitable and the money in exchange for work from the workers.

[IronLionZion]

40. Correct, that is why the GOP intentionally causes recessions

while the wealthy have excess cash from their tax cuts. It's amazing that more people don't see it. This has been happening for decades. Trump is extraordinarily stupid about not even trying to hide it.

[Bluetus]

36. This is not necessarily about the economy tanking

or Amazon tanking. I think that will happen in a big way, and will probably make 20,000 look like a small number before all is said and done.

This is mainly about Amazon's continued build-out of its freight and home delivery capability. UPS made a deal with the devil as Amazon sought to grow quickly. And now the devil starts to get his due. These deals allow Amazon to keep their internal resources efficiently busy while UPS, Fedex, and USPS have to eat the scraps.

[marybourg]

8. The unintended consequences always rear their ugly heads.

[EarthAbides]

10. I think these were intentional

Direct orders from Putin

[marybourg]

11. I was really thinking of the intentions of

people trying to punish Amazon.

[underpants]

12. All freight is going to get hit hard.

Someone very very close to me works in that industry and is nearing retirement. This is not good at all.

[wolfie001]

14. The pictures coming from the Port of Seattle are over a week old

Empty, empty, empty.

[img][/img]

[underpants]

16. Ooh. I looked up picks. LA and Long Beach have STEEP DROPS

Twelve vessels are scheduled to come in this week, down from 22 the week of April 20. Measured in shipping containers, a total of 62,568 TEUs (twenty-foot equivalent units) are arriving the week of May 4-May 10, versus 120,608 TEUs as recently as the week of April 20-April 26.

The fallout from the ocean freight slowdown is beginning to hit ground transport linked to ports.

"We are at a tipping point on the West Coast," said Ken Adamo, chief of analytics at DAT Freight & Analytics. "Looking at how many truck loads are available versus trucks, we've seen a precipitous drop, over 700,000 loads have evaporated nationally in the past week compared to two weeks prior," he said.

https://www.cnbc.com/2025/04/22/busiest-us-ports-see-big-drop-in-chinese-freight-vessel-traffic.html

[wolfie001]

17. we all know who caused it nt

[wolfie001]

13. tRUMP built that

Just wait tll the end of May. Amazon's getting ready for major disruptions. I hope I can still get cheap coffee beans from somewhere. Maybe a corner seller with a donkey and a 2-wheeled cart?

[Littlered]

15. You need to fix the post for accuracy.

some how you got the first sentence or two wrong. It has nothing to do with Amazon. It is strictly an ups’ decision to accept fewer deliveries. Amazon actually wanted to increase the volume.

Sucks for us, as ups is very good here. We are doomed if fed ex gets more as they can’t deliver a package to the right address, not matter how many we get delivered here. Then again, as a delivery partner. It sounds like long term security.

[S/V Loner]

18. I was just about to post that.

I am so tired of inaccurate headlines when things are so bad that they are not needed. It reminds me of MAGA’s.

[BumRushDaShow]

20. This is not GENERAL DISCUSSION

This is LBN where the content is coming from a news site (whether we agree with how it is characterized or not but it is not the OP issue).

[Attilatheblond]

25. Yep. Items posted in LBN are required to use the headline that the source used

[SCantiGOP]

26. Verifying the accuracy of a post

Is the posters responsibility, regardless of the source.

[BumRushDaShow]

30. ????

FORBES - UPS To Cut 20,000 Jobs In 2025 After Slashing Amazon Shipments

USA TODAY - UPS cutting around 20,000 jobs due to 'new or increased tariffs'; 73 buildings closing

BLOOMBERG - UPS to Cut 20,000 Jobs This Year as It Slashes Amazon Volume

REUTERS - UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh

BUSINESS INSIDER - UPS says it is cutting 20,000 staff and shuttering over 70 facilities

BARRON'S - UPS Will Fire 20,000 Workers. It’s Not Why You Think.

Some articles are including info on UPS's "long term plans" related to Amazon (which CNN's article mentions as well as Barron's).

CNN - UPS is cutting 20,000 jobs. It’s not what you think

I,.e. -

UPS in January announced a “glide down” plan to cut its business with Amazon, its largest customer, in half by the middle of 2026. UPS CEO Carol Tome said Tuesday that most of the Amazon business that it is giving up is “not profitable for us, nor a healthy fit for our network.”

I just don't get the trolling.

[Littlered]

22. Agreed n/t.

[BumRushDaShow]

19. What are you talking about?

This was a copy/paste from CBS's 11:43 am EDT version. I didn't compose this myself. They just updated it at 3:01 EDT.

This is the version that was copied/pasted for the current OP -



This is the most recent version on CBS's site -

[Littlered]

21. Try rereading your post and look at the linked article.

Perhaps you should go back and read what the first few sentences of your post says vs. the article you linked. You can copy and paste a thousand articles, it isn’t going to change the fact that the op is incorrect. That’s all. Nothing more. As the other poster noted. It’s not correct.

[BumRushDaShow]

28. I copied the exact wording of the 11:43 am EDT version of CBS's article

LBN is NOT GENERAL DISCUSSION where people can randomly post whatever paraphrasing and/or "analysis" they want in their OP. There is a special form that is used to post here.

Some "commentary" can be added in the LBN comments section right below the OP, but I made no comments about this.

You are free to disagree with the article all you want but what is posted was a strict copy/paste.

As it is, after UPS was dealing with bargaining unit issues and a potential huge strike and then workers approved a new contract almost 2 years ago, there was an expectation that this may eventually lead to layoffs in the future.

[Littlered]

29. Here it is

Here is what you posted.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to fewer deliveries from Amazon, its biggest customer.

This is a direct copy from the linked article.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its biggest customer.

I only caught it because the post wasn’t was somewhat confusing so I went to the linked article to better understand. There is no way that was a direct copy and paste from the linked article. Maybe you accidentally copied something else? That’s all. Please fix it to reflect what was actually written. I don’t want to see the site get into any trouble because someone misrepresented an article. Thanks..

[BumRushDaShow]

32. And I posted the screenshots and EXPLICTLY told you that it was JUST UPDATED at 3:01 pm

almost 1.5 hours AFTER the OP was posted, which was Tue Apr 29, 2025, 01:41 PM

But you conveniently ignored that.

This was the version that was posted for the OP -



Look at it. And then look at it again. And then maybe look at it a 3rd time.

I am one of the few who obsessively updates OPs during the day when I get chance.

READING IS FUNDAMENTAL.

[Littlered]

34. Oh boy. What am I missing then?

The link on your op IS NOT what you keep posting. At least not for me. And I see it was just updated at 4:39. I guess I am going to alert, sorry. It’s wrong and you are unwilling to fix it. Thanks.

[BumRushDaShow]

38. You are missing that the LINK *got UPDATED* since the original OP was posted

and I *haven't updated the OP article like a do with most of my posts.

Very few who post in LBN will update articles once they are posted but I generally do when I get chance to check back in on to them.

But you also missed the other articles that I linked to that basically said the same thing as the OP, so your characterization isn't exactly what has been described by many of the other sources. But that is not unexpected.

[lostnfound]

31. I don't think it will be transferred to FedEx; more likely Amazon intends to handle the volume themselves.

Now, this 50% cut of Amazon volumes was announced by UPS in January, so it predates the tariffs.

[twodogsbarking]

27. UPS now being investigated for not pretending everything is hunky trumpy.

[Littlered]

33. Leaves one to wonder

What’s really going on. Then again, their stock has been on a downhill trajectory for quite a while now.

[Bernardo de La Paz]

37. You jest. . . . nt

[twodogsbarking]

39. Happy 55k.

[Bernardo de La Paz]

41. Wow, I hadn't noticed. You get post 55,000! Thanks . . . . . nt

[twodogsbarking]

42. Just got power back after two days. Back to 2025.