Those cuts included 34,000 operational jobs as part of its Efficiency Reimagined initiative and 14,000 jobs, primarily within ...
The U.S. stock market is ticking further into record heights. The S&P 500 rose 0.2% Tuesday. The Dow Jones Industrial Average ...
Roughly 34,000 of the cuts were to drivers and warehouse workers, while the remaining 14,000 layoffs were to UPS's management ...
Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround ...
UPS CEO Carol Tomé said that many average people turned to the company to ship things to the US when the de minimis exemption ended.
Quarterly consolidated revenue, at $21.4 billion, fell 3.7% annually, and basic earnings per share, at $1.74 (topped Wall Street estimates of $1.29), fell $0.24, or 13.4%, annually. Total operating ...
United Parcel Service stock jumped after the company delivered the quarter investors needed, cutting workers to control costs ...
Key Takeaways UPS reported quarterly results that topped Wall Street expectations on the top and bottom lines.The shipping ...
In April, UPS announced that it was looking to slash about 20,000 jobs and close more than 70 facilities as it drastically ...
UPS stock rises on Q3 earnings beat after restructuring. Analysts discuss improved profitability, challenges, and investment ...
For the third quarter of 2025, GAAP results include a net charge of $164 million, or $0.19 per diluted share, comprised of ...
Shares in United Parcel Service Inc. soared Tuesday morning after it smashed Wall Street’s profit expectations by cutting ...
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