00:01UPS said it plans to cut up to 30,000 additional jobs this year as it winds down its delivery partnership with Amazon and advances a multi-year turnaround strategy.
00:11The reductions, largely through attrition and voluntary separation for drivers, follow 48,000 job cuts announced last year and are tied to a sharp drop in Amazon-related volume.
00:22Executives said the move will reduce operational hours by about 25 million and generate roughly $3 billion in savings from the Amazon exit.
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