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Wednesday, November 5, 2025

Tag: e-commerce slowdown

UPS Cuts 48,000 Jobs in Major Restructuring to Boost Profits

UPS eliminates 48,000 positions amid Amazon slowdown and Trump tariffs. Stock surges 7% despite falling revenue as company focuses on higher-margin business.

Amazon to Cut 30,000 Jobs in Historic AI-Driven Restructuring

Amazon begins largest-ever layoff of 30,000 corporate roles as part of CEO Andy Jassy's cost-cutting strategy and AI efficiency push across tech sector.