UPS said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency. The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft. The ...

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 ...

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 ...

Jobs for thousands of letter and package delivery workers at the U.S. Postal Service and UPS could be cut this year, with both looking to slash costs and streamline operations as the effects of ...

About a month ago, with Tesla’s TSLA-1.75%decrease; red down pointing triangle stock sinking and some investors irritated about Elon Musk’s White House focus, Tesla’s board got serious about ...

By Peter Eavis UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come as President Trump’s tariffs are ...

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. FILE - A UPS driver enters a United Parcel Service ...

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. ‘Thunderbolts’ strike with $76M open Ticker ...

The layoffs were announced on Apr. 29 in UPS' first quarter earnings report. In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters ...

United Parcel Service (NYSE:UPS) is set to publish its earnings report on Tuesday, April 29, 2025. Traditionally, in the last five years, the stock has shown a negative one-day return after 60% of ...

ATLANTA, GA.– UPS will be laying off 20,000 workers over the remainder of this year. This follows 12,000 job cuts in 2024. UPS operates in more than 200 countries. CBS is reporting the job cuts are ...