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Jim Cramer Highlights Why UPS Reported “Much Better Than Expected Earnings”

United Parcel Service, Inc. (NYSE:UPS) is one of the stocks Jim Cramer recently talked about. Cramer discussed the impact of the company’s earnings, as he commented: “Beyond tech, how about this one? UPS today, did you see that? They just announced they laid off 48,000 people this year. By the way, that was a major reason why they delivered much, much better than expected earnings today. Good for the shareholders, but obviously not good for the workers who lost their jobs or the broader economy.” Unite ...