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.

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 ...

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 ...

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

While there's no official news of layoffs, the company is undergoing some organizational shake-ups. In November 2024, Bandai Namco announced it was merging its two main gaming subsidiaries in ...

UPS to cut Amazon deliveries by more than 50% by 2026 CEO Tome ... AI chatbot Ernie Bot free of charge from April 1 3:49 AM UTC Energycategory Chevron to lay off up to 20% of global workforce 3:30 AM ...

The large research nonprofit received a portion of its annual revenue from the U.S. Agency for International Development, ...

Donald Trump and his wife, Melania, have been making deals and raking in money ever since Trump won the election, including a ...