{"id":308,"date":"2025-04-29T20:17:00","date_gmt":"2025-04-29T20:17:00","guid":{"rendered":"https:\/\/www.internethollywood.com\/?p=308"},"modified":"2025-04-29T20:17:00","modified_gmt":"2025-04-29T20:17:00","slug":"ups-to-cut-20000-jobs-after-amazon-decreases-shipments-73-leased-buildings-to-close-down","status":"publish","type":"post","link":"https:\/\/www.internethollywood.com\/?p=308","title":{"rendered":"UPS to cut 20,000 jobs after Amazon decreases shipments, 73 leased buildings to close down!"},"content":{"rendered":"<p><em><strong>World News<\/strong> <\/em>&#8211; UPS will be cutting back by slashing 20,000 jobs and closing around 70 of its facilities after reducing its shipments it handles for Amazon. According to multiple news sources, &#8220;It anticipates closing 73 leased and owned buildings by the end of June.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cThe actions we are taking to reconfigure our network and reduce cost across our business could not be timelier,\u201d CEO Carol Tom\u00e9 said in a statement on Tuesday. &#8220;The macro environment may be uncertain, but with our actions, we will emerge as an even stronger, more nimble UPS.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Earlier this year, UPS struck a deal with Amazon that would lower its volume down to 50% by the second half of the year 2026.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Sources:<\/p>\n<p>https:\/\/www.usatoday.com\/story\/money\/2025\/04\/29\/ups-job-cuts-building-closures-2025\/83343016007\/<\/p>\n<p>https:\/\/abcnews.go.com\/Business\/wireStory\/ups-cut-20000-jobs-close-facilities-reduces-amount-121279547<\/p>\n<p>https:\/\/www.3newsnow.com\/politics\/economy\/ups-announces-job-cuts-and-facility-closures-as-amazon-reduces-volume<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World News &#8211; UPS will be cutting back by slashing 20,000 jobs and closing around 70 of its facilities after&hellip;<\/p>\n","protected":false},"author":1,"featured_media":309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"jetpack_featured_media_url":"https:\/\/www.internethollywood.com\/wp-content\/uploads\/2025\/04\/ups-truck.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/posts\/308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=308"}],"version-history":[{"count":1,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/posts\/308\/revisions"}],"predecessor-version":[{"id":310,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/posts\/308\/revisions\/310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=\/wp\/v2\/media\/309"}],"wp:attachment":[{"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.internethollywood.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}