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US Shipping Giant UPS to Lay Off 20,000 Employees Amid Trump's Tariff Pressures, Withdrawing Full-Year Financial Guidance
2025-04-30 /
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Author：小编
The United States' leading express transportation service provider, United Parcel Service (UPS), announced on Tuesday that in an effort to bolster the profitability and efficiency of its domestic operations, the company will undertake significant restructuring. This includes laying off approximately 20,000 employees and shutting down 73 leased and owned facilities by the end of June. UPS Chief Executive Officer Carol Tome emphasized that these measures are aimed at making UPS more robust, agile, and better equipped to navigate the evolving trade landscape, ultimately fostering long-term growth. However, the ongoing tariff pressures imposed by the Trump administration have compelled UPS to withdraw its full-year financial guidance.
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