United Parcel Service (UPS) said Tuesday that it will cut about 20,000 jobs and shutter 73 of its facilities as the logistics giant cuts costs amid a potential pullback by its largest customer, Amazon, and broader economic uncertainty. The move, which amounts to a cut of about 4% of the company's workforce, makes UPS the first big American company to move forward with large-scale layoffs in the face of slowing trade due to the Trump administration's tariffs. A slowdown in global trade is likely to reduce th ...