Package delivery company UPS, the fifth largest employer in Delaware County, is cutting 20,000 jobs nationally and closing 73 leased and owned buildings by the end of June, writes Michelle Chapman for The Associated Press, as printed in The Philadelphia Inquirer.
The move’s impact on the Philadelphia region was not disclosed.
The cutbacks are in response to a decision to reduce the amount of Amazon shipments it currently handles.
“The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier,” CEO Carol Tomé said in a Tuesday statement. “The macro environment may be uncertain, but with our actions, we will emerge as an even stronger, more nimble UPS.”
UPS announced in January it had reached a deal with its biggest customer, Amazon, to reduce its volume of deliveries by more than 50 percent in the second half of 2026.
“Amazon is our largest customer, but it’s not our most profitable customer,” Tomé said.
UPS has partnered with Amazon for nearly 30 years but decided to reassess its relationship with the online retailer when its contract came up this year, according to Tome.
Find out more details about the UPS job cuts in The Philadelphia Inquirer.
