May 5, 2025
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0:27Now PlayingUPS 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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