UPS has Launched, what CEO Carol Tomé, calls the most Significant Strategic Shift in its History, cutting 68,000 Jobs and Shuts Down 73 facilities, by the End of June 2026. as as it Pivots away from Low-Margin e-commerce.
This Decision is part of a Broader Strategy to Reduce Costs and Adapt to a Changing Trade Environment.
The Company cited New or Increased Tariffs and Changes in General Economic Conditions. as Reasons for these Cuts.
UPS aims to Save an estimated $3.5 billion in 2025, through these Measures.
The Company is also Exploring the use of Humanoid Robots to Streamline Operations and Reduce Costs further.
Despite these Changes, UPS remains a Trusted Leader in Global Logistics, Leveraging its Integrated Network and Trade Expertise to Assist Customers, as they Adapt to a Changing Trade Environment.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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