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UPS to slash 20,000 jobs on weak Amazon deliveries over Trump tariff turmoil

United Parcel Service on Tuesday revealed plans to slash 20,000 jobs as the company warned it expects weakened demand from its top customer, Amazon, because of President Trump's tariffs. Earlier this year, UPS announced its plan to cut its Amazon deliveries by more than half in an attempt to boost profits by focusing on high-margin parcels. Amazon packages accounted for 11.8% of the parcel delivery firm's revenue last year. The company also cut 12,000 jobs last year. 3 UPS revealed plans to slash 20,000 job ...