Those cuts included 34,000 operational jobs as part of its Efficiency Reimagined initiative and 14,000 jobs, primarily within ...
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 ...
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 ...
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.
Key Takeaways UPS reported quarterly results that topped Wall Street expectations on the top and bottom lines.The shipping ...
United Parcel Service has cut 48,000 management and operations positions, the company disclosed Tuesday when it reported ...
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 ...
UPS has been racing to automate customs clearance to soften the blow. Packages requiring clearance have surged from 13,000 a ...
United Parcel Service (UPS) stock is soaring after delivering a third-quarter beat and issuing a strong Q4 outlook ...
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