UPS plans to eliminate about 20,000 jobs and close 73 facilities in the U.S. by mid-2025 as part of a strategy to reduce its Amazon volume by over 50%. This “Network Reconfiguration” aims to align capacity with declining demand and is expected to yield $3.5 billion in savings. The company noted significant drops in Amazon deliveries, focusing instead on more profitable packages. UPS will automate its operations further, with 64% of its volume processed through automated hubs, as it navigates this major restructuring.
Source: https://www.supplychaindive.com/news/ups-20k-layoffs-2025-network-changes/746569/