UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its biggest customer.

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business.

President Donald Trump called Amazon founder Jeff Bezos to complain after a Punchbowl News report suggested the online marketplace planned on displaying the cost of tariffs next to product prices. White House officials told CNN that Trump called Bezos “shortly after” receiving information about the report.

Elon Musk’s SpaceX already has launched more than 8,000 Starlinks since 2019. The company marked its 250th Starlink launch Sunday night. More than 7,000 Starlinks are still in o

Amazon's Project Kuiper launched 27 satellites into space in what is the company’s first step toward rivaling Elon Musk's Starlink satellite constellation.