Carol Tome

Carol Tome

business executive United States

Carol Tome is the Chief Executive Officer of United Parcel Service (UPS), known for her strategic leadership in navigating the company through economic uncertainties and operational challenges. Under her guidance, UPS has focused on cost reduction measures, including workforce cuts and network reconfiguration, to enhance profitability amidst declining shipment volumes from major clients like Amazon.

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Recent Mentions

United States United States: Carol Tomé, UPS’s chief executive, described the volume of shipments from e-commerce companies selling Chinese goods in the United States as 'explosive'. 7

The New York Times: How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx

Canada Canada: UPS chief executive officer Carol Tomé discussed the potential impacts of the trade war on the company. 5

The Globe and Mail: Bare shelves are just weeks away as trade war disrupts flow of goods

Canada Canada: UPS CEO Carol Tome noted that many of the delivery firm’s small to medium-sized business customers source 100 per cent of their goods from China. 5

The Globe and Mail: As Trump moves to tax small parcels, some retailers give up on U.S.

Lithuania Lithuania: Carol Tome is the CEO of UPS, who announced plans to eliminate 20,000 jobs globally due to reduced package volume from Amazon. 4

15min – major Lithuanian news website: „Amazon“ neigia planavusi pradėti vartotojams rodyti Trumpo muitų įtaką kainoms

Kenya Kenya: UPS Chief Executive Carol Tome announced plans to cut positions due to business drops. 5

The Standard: White House slams Amazon over 'hostile' plan to display tariff effect on prices

Jamaica Jamaica: CEO Carol Tomé said in a statement on Tuesday that the actions UPS is taking could not be timelier. 8

The Gleaner – major Jamaican newspaper, est. 1834: UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles | News

Panama Panama: Carol Tomé is the CEO of UPS who indicated that Amazon is their largest client but not the most profitable. 6

La Prensa – leading Panamanian daily, est. 1980: UPS despedirá a unos 20,000 empleados por reducción en entregas con Amazon

United States United States: UPS CEO Carol Tome said Tuesday that most of the Amazon business that it is giving up is 'not profitable for us, nor a healthy fit for our network.' 6

CNN: UPS is cutting 20,000 jobs. It’s not what you think