UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities
United Parcel Service made waves earlier this year when it announced a breakup with the world’s largest ecommerce retailer. Amazon, a competitor as well as a customer bringing in over one-tenth of UPS’ revenue, had turned unprofitable for the shipper, and in January of this year, UPS announced plans to slash the volume it delivered … Read more