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US-based United Parcel Service (UPS), the world's largest package delivery service provider, has announced it will lay off 20,000 employees to cut costs

Adrian Rusu

30 April 2025, 05:53

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International

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The fallout from the trade war sparked by President Donald Trump continues to affect big companies, with drastic new measures announced on Tuesday. UPS announced it would lay off 20,000 employees to cut costs, and General Motors suspended financial estimates and postponed its conference call with investors until Thursday, pending possible trade policy changes.

Sources

Cea mai mare companie de curierat concediază 20.000 de angajați

UPS concediază 20.000 de angajaţi, GM amână apelul pentru investitori, pe fondul haosului economic generat de tarifele impuse de Trump

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