This follows the discontinuation of the day sort shift in mid-April of last year when over 300 UPS part-timers were laid off by the company, citing a decline in package volume as the main excuse.

Detaching from Amazon triggered another slide in the package delivery giant’s battered stock, which is heavily owned by UPS ...

rather than layoffs. But, unfortunately for the UPS employees affected by the job cuts, leadership appears to have found new ...

The company is laying off workers after its big contract payoff to the union.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly 12% of UPS' total revenue in 2024, Tomé said. The company reported $91.1 ...

We predict UPS stock will continue downward trend in 2025 despite cost-cutting measures, with the potential for sentiment ...

Technology companies are certainly not alone, as evidenced by package delivery giant United Parcel Service Inc. (ticker: UPS) announcing some 12,000 layoffs to start 2024. But tech stocks were ...