UPS Axes 48,000 Jobs in Brutal Restructuring — Shares Soar as Workers Pay the Price

International Business TimesFriday, October 31, 2025 at 10:46:34 AM
UPS has made the difficult decision to cut 48,000 jobs this year as part of a cost-reduction strategy, which has led to a significant increase in profits and share prices. While this move may benefit investors, it raises serious concerns about the impact of automation on workers and the job market. The situation highlights the ongoing tension between corporate profitability and employee welfare, making it a critical issue for both the economy and society.
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