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UPS Delivers A Q1 Beat; Package Firm Will Cut 20,000 Jobs, Shut Buildings
UPS Delivers A Q1 Beat; Package Firm Will Cut 20,000 Jobs, Shut Buildings · Investor's Business Daily

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United Parcel Service announced earnings early Tuesday that beat views and revealed plans to cut 20,000 jobs. UPS stock, which trades near five-year lows, fell moderately. Tuesday's report was UPS' first since President Donald Trump rolled out sweeping tariffs for dozens of countries.