General Discussion

UPS cuts 68,000 jobs and closes 73 sites in its biggest purge

United Parcel Service is undertaking the most aggressive retrenchment in its history, eliminating 68,000 jobs and closing 73 facilities as it refocuses on profitability and a leaner network. The cuts, described as the largest purge in the company's 118-year existence, cap a multi‑year restructuring that has already reshaped how parcels move across the United States and beyond. I see this as a pivotal moment not just for UPS workers and customers, but for the broader logistics economy that depends on the brown‑and‑gold giant's reach

The scale of a historic purge

The headline numbers are stark. UPS has confirmed plans to eliminate 68,000 jobs and close 73 facilities, a combination that executives themselves frame as the largest purge in the company's 118-year history. That phrase is not hyperbole. Earlier restructuring waves were measured in the tens of thousands of roles, but this new phase folds those earlier cuts into a single, sweeping redesign of the network.


Link

www.msn.com/en-us/money/economy/ups-cuts-68-000-jobs-and-closes-73-sites-in-its-biggest-purge/ar-AA1TU0uh?ocid=BingNewsSerp