UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates
United Parcel Service reported a first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the parcel giant looks to trim costs.
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UPS profit beats estimates, to cut 20,000 jobs on economic worries
United Parcel Service reported a better-than-expected profit for its first quarter on Tuesday and said it will cut 20,000 jobs to control costs.
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