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Thursday, November 6, 2025

Tag: UPS job cuts

US Job Cuts Near 1 Lakh as Labor Market Shows Cracks

Major layoffs at Amazon, UPS, Intel and Microsoft signal labor market distress, putting pressure on Federal Reserve to cut interest rates amid data blackout.

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.