Analysts have called it the "no-hire, no-fire" economy. But the thousands of job cuts announced by Amazon.com Inc. and United Parcel Service Inc. on Tuesday may suggest that the U.S. job market's ...
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is ...
UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.
United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its ...
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.
In April, UPS announced that it was looking to slash about 20,000 jobs and close more than 70 facilities as it drastically ...
For the third quarter of 2025, GAAP results include a net charge of $164 million, or $0.19 per diluted share, comprised of ...
UPS slashed more jobs than it expected to as part of its ongoing “transformation strategy,” the business revealed during a ...
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The company disclosed that through September, it had reduced its workforce by 34,000 employees, which represented 6.9% of the approximately 490,000 employees it had at the end of 2024. UPS also closed ...