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UPS reports 48,000 jobs cut in the year to date

UPS cut about 34,000 operational positions and closed daily operations at 93 leased and owned buildings during the first nine months of 2025 as part of its turnaround plan.

United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts.

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