This follows the discontinuation of the day sort shift in mid-April of last year when over 300 UPS part-timers were laid off ...

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

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

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 ...

UPS is temporarily closing a package processing ... along with last year’s layoffs of 12,000 employees. Then-chief financial officer Brian Newman said at the time that the company did not ...

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 ...

It is the fifth wave of layoffs across the nation’s supply chain industry since early October, with a total of 16,919 workers losing their jobs, according to firms filing Worker Adjustment and ...