UPS to cut 20,000 jobs after Amazon breakup


By Xia Lin

NEW YORK, April 29 (Xinhua) -- United Parcel Service (UPS) said Tuesday it is cutting 20,000 jobs this year, after deciding in January to reduce the amount of packages it delivers for Amazon, its biggest customer.

UPS, which has nearly 490,000 employees, also expects to close 73 facilities this year. Last year, it closed 11 buildings and cut 12,000 jobs, mainly managerial roles.

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