UPS Reveals Massive Layoffs With 48,000 Jobs Cut This Year: Here's Breakdown
UPS has announced it has slashed 48,000 jobs in 2025 as part of a sweeping restructuring effort aimed at improving efficiency and profitability.
The company disclosed the cuts on Tuesday, Oct. 28, while reporting its third-quarter earnings, according to The Wall Street Journal.
The reductions included 34,000 operational positions — primarily warehouse workers and drivers — and 14,000 management roles, The Journal reported.
The company said the cuts were achieved through layoffs and buyouts.
The total layoffs far exceeded UPS’s April announcement, when it projected cutting 20,0…
Prime Big Deal Days Return As Amazon Tightens Benefit Sharing Rules: What To Know
Amazon Prime's latest major promotion is promising millions of early holiday discounts just days after new restrictions on account sharing are set to begin.
Prime Big Deal Days will begin at 3:01 a.m. EDT on Tuesday, Oct. 7, Amazon announced in a news release on Tuesday, Sept. 16. Early offers are already live, including up to 50% off Samsonite travel gear, 40% off holiday décor and entertaining items, and fall clothing starting at $10.
Amazon is promoting deals across toys, electronics, home goods, beauty, and seasonal décor. Members can also shop curated lists like the…