UPS Announces 20,000 Cuts in 2025, Seeks to End Reliance on Amazon’s Business

The company’s first-quarter earnings beat expectations. Its rising small business and health care volume may boost margins, according to an analyst.
UPS Announces 20,000 Cuts in 2025, Seeks to End Reliance on Amazon’s Business
A United Parcel Service (UPS) truck delivers boxes in New York City in a file photo. Spencer Platt/Getty Images
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United Parcel Service (UPS) is continuing to pursue aggressive job cuts in 2025, after the Atlanta-based logistics and supply-chain giant announced in the fourth quarter of 2024 that it planned to cut half of its Amazon business by the second half of this year.

During a conference call with Wall Street analysts following the release of a better-than-expected first-quarter earnings report on April 29, UPS CEO Carol Tomé said she was pleased with the ongoing plan to reduce the company’s reliance on the e-commerce giant’s business.
Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.