UPS has announced plans to cut 20,000 jobs and close several facilities nationwide as part of a restructuring effort to streamline operations. The company cited declining package volumes and the need to adapt to changing market conditions. This move has raised concerns about the broader implications for the logistics industry and the U.S. labor market.ABC News
UPS Announces Major Layoffs
UPS plans to eliminate 20,000 jobs amid a major restructuring, signaling shifts in the logistics sector.
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