Brian Dykes, CFO of the Atlanta-based package delivery firm, announced the cuts on a first-quarter earnings call Tuesday. They are related to a planned 50 per cent reduction in package volume from Amazon, which CEO Carol Tomé said in January is “our largest customer but … not our most profitable customer.” (The Logic)

Talking point: Tomé said that the cost-cutting measures the company announced in January “could not be timelier,” given the economic uncertainty created by the U.S.-led global trade war. Tariffs of 145 per cent on Chinese goods shipped to the U.S. and the cancelling of a duties exemption for packages worth less than US$800 is threatening the business model of China’s e-commerce merchants, who sell their goods on Amazon and other platforms. Amazon said Tuesday it had considered displaying import charges on ultra-discount items sold on its site—a proposal White House press secretary Karoline Leavitt called a “hostile and political act”—but ultimately decided against it.