Trump Tariffs Hit Hard: UPS to Lay Off 20,000 Workers.

Trump Tariffs Hit Hard: UPS to Lay Off 20,000 Workers.

(The Americas)

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Families are devastated as news spreads about UPS’s announcement to lay off 20,000 workers, raising concerns among employees across America about the hardships of inflation.

This development may also impact Amazon customers who rely on UPS for faster deliveries.

UPS plans to close 73 facilities by June 2025, citing economic challenges and the impact of tariffs introduced during the Trump administration.

The decision stems from reduced Amazon shipments and broader trade disruptions.

According to UPS reports, employees across various roles and regions will be affected, with unionized workers facing significant losses.

UPS aims to save $3.5 billion through these measures.

This move, a result of the ripple effects of tariffs, highlights the broader implications of trade policies on businesses and workers, raising concerns about economic stability and job security.