YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

UPS cutting 20,000 jobs

Posted online

United Parcel Service Inc. announced plans to cut 20,000 jobs this year.

That amounts to around 4% of the company's workforce. The company additionally intends to close 73 leased and owned buildings by year's end.

UPS cited an expected loss of volume from Amazon, its largest client.

Read more from MarketWatch.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Aspen Elevated Health

A relocation to Nixa from Republic and a rebranding occurred for Aspen Elevated Health; Kuick Noodles LLC opened; and Phelps County Bank launched a new southwest Springfield branch.

Most Read
Update cookies preferences