126 new news items in the last 24 hours

30 April 05:53

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

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International

Foto: shutterstock.com/ro

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

ȘTIRI PE ACELEAȘI SUBIECTE

International

88 postal operators, including Deutsche Post and Royal Mail, have suspended their services to the USA, which has led to an 81% decrease in postal shipments.

International

Europe's postal services will stop sending parcels to the US because of new import tariffs, allowing only shipments under $100.

International

Most of Europe's postal services have stopped sending parcels to the US because of the uncertainty over new import tariffs announced by Donald Trump.

International

The removal of the 'de minimis' exemption will lead to increased costs for consumers and chaos in supply chains.

International

Stanford announces 363 layoffs due to funding cuts imposed by the US government, following the lead of other large universities.

International

Swiss manufacturer Pilatus has suspended deliveries of PC-12 and PC-24 aircraft to the US due to 39% tariffs imposed by the Americans

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ups Redundancies USA

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