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

rather than layoffs. But, unfortunately for the UPS employees affected by the job cuts, leadership appears to have found new cost-saving ways to conduct business. “It’s a change in the way we ...

will be affected by layoffs, according to a Worker Adjustment and Retraining Notification (WARN) issued by UPS. A WARN notice is given to workers 60 calendar days in advance of plant closures or ...

Now comes the rest of the story, and it isn’t pretty. UPS shares plunged Thursday 14.1% after it announced workforce and delivery reductions. Workers who lose their jobs can thank Mr. O’Brien.

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 ...

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 ...