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

Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs. As a ...

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 ...

The once-thriving edtech sector has been battling funding challenges and shutdowns for the past few years. Now AI is changing the rules of the game ...

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However, a spokesperson told the publication that these layoffs were different from the performance-based cuts. In a statement to Business Insider, explaining its decision, a Microsoft ...

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

The company will ensure that those impacted will be paid all earned wages and agreed upon benefits at the time of the layoffs. Air Wisconsin Airlines could be laying off 513 employees. According ...

Reports suggest that a major round of layoffs has occurred, with some sources claiming that almost the entire staff has been let go. Obviously, not everyone is gone, as deals are still being made.

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.