EPISODE · Apr 29, 2025 · 39 MIN
UPS Announces 20k Layoffs, Largest US Trade Deficit in History
from Nobody Special Finance · host Nobody Special Finance
UPS has announced they will be laying off 20,000 employees and shuttering facilities across the country amid a decline in package volume from Amazon, it's largest customer. Elsewhere the US trade deficit just hit another record for March as American companies scrambled to buy up inventory ahead of tariffs. This will be a major drag on GDP in the first quarter.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
What this episode covers
UPS has announced they will be laying off 20,000 employees and shuttering facilities across the country amid a decline in package volume from Amazon, it's largest customer. Elsewhere the US trade deficit just hit another record for March as American companies scrambled to buy up inventory ahead of tariffs. This will be a major drag on GDP in the first quarter.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
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UPS Announces 20k Layoffs, Largest US Trade Deficit in History
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