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 ...

In April, UPS announced that it was looking to slash about 20,000 jobs and close more than 70 facilities as it drastically ...

Shares in United Parcel Service Inc. soared Tuesday morning after it smashed Wall Street’s profit expectations by cutting ...

Lay offs in the U.S. continue as United Parcel Service thousands of jobs. Meanwhile, UPS beat analysts' estimates for third-quarter profit and forecast revenue above Wall Street expectations for the ...

UPS said its cost-cutting drive has already generated roughly US$2.2 billion in savings this year, with a total of US$3.5 ...

UPS cut about 34,000 jobs and closed 93 facilities this year as part of its cost-cutting turnaround and restructuring plan.

In a surprising turn of events, United Parcel Service (UPS) announced robust third-quarter earnings that exceeded Wall Street expectations, even as the company undertakes significant workforce ...

In a landscape marked by fluctuating demand and rising operational costs, United Parcel Service (UPS) has emerged with promising news, forecasting an upbeat revenue outlook for the upcoming holiday ...

UPS stock jumps 10% after strong Q3 profit beat and upbeat holiday forecast; cost-cutting plan delivers $2.2 billion in ...