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Ups says it's cutting 20k jobs amid reduction in Amazon shipments
- toomuchtodo 2y agohttps://www.sec.gov/Archives/edgar/data/1090727/000109072725000046/exhibit991-earningspressre.htm https://www.sec.gov/Archives/edgar/data/1090727/000109072725... https://about.ups.com/us/en/newsroom/press-releases/financials/ups-releases-4q-2024-earnings-and-provides-2025-guidance.html https://about.ups.com/us/en/newsroom/press-releases/financia...
- mattl 2y agoIs this because Amazon is shipping less or because Amazon is shipping more using their own delivery services?
- zzzeek 2y agoI had the same thought , everything we get from Amazon uses their own trucks. However I think that's dependent on there being nearby Amazon distribution centers.