UPS plans to slash 20,000 jobs in 2025 as part of a cost-cutting drive. The move comes as the shipping giant grapples with soft demand, especially from its largest customers. UPS said it will also look to close 73 facilities by the end of June."With our action, we will emerge as an even stronger, more nimble UPS," CEO Carol Tomé said in a statement on Tuesday. The company said it will save $3.5 billion in 2025 through the cuts.UPS made the announcement alongside its Q1 2025 earnings report, which showed a ...