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UPS Trading Volume Drops 42.99% to 293rd Rank Amid Job Cuts and Market Shifts
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 24, 2025 7:40 pm ET1min read
On June 24, 2025, United's trading volume was $289 million, a 42.99% decrease from the previous day, ranking 293rd in the day's stock market. Meanwhile,
(UPS) rose 0.23%, marking its third consecutive day of gains, with a total increase of 1.43% over the past three days.United Parcel Service (UPS) has announced plans to cut approximately 20,000 jobs in 2025. This decision comes in response to the anticipated tariffs imposed by President Donald Trump and the expected reduction in
shipments. The move is part of a broader efficiency drive aimed at lowering costs and adapting to the changing market conditions.UPS's decision to reduce its workforce is a direct response to the trade turmoil and the resulting uncertainty in the corporate sector. The company is pulling back from delivering packages for Amazon, its largest customer, as part of a strategic shift to focus on other areas of its business. This downsizing is expected to have significant implications for the company's operations and its ability to compete in the logistics industry.
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