Patrick Bet-David
Patrick Bet-David
@PBDPodcast·2.9M subscribers·5.3K videos

UPS Chose Amazon… Now 20,000 Jobs Are Gone

Posted

May 5, 2025

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UPS just announced 20,000 layoffs, but it’s not because of tariffs or a recession — it’s because of a bad deal with Amazon. According to the Wall Street Journal, UPS chased Amazon's shipping volume and signed a contract that ended up being unprofitable. Now they’re paying the price. Here's what went wrong — and what this means for big business deals moving forward.

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Amazon AccordingWall Street Journal UPS

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UPS Chose Amazon… Now 20,000 Jobs Are Gone · Patrick Bet-David · Sentinel