UPS cuts 48,000 jobs in year to date
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UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it anticipates making the job cuts this year. It anticipates ...
This is a stock, as I've been saying this morning, one more of these stocks that severely underperformed the benchmark index over the last five years and year to date is is cutting 34,000 jobs enough to turn that around?