UPS earned $1.31 billion, or $1.55 per share, for the three months ended Sept. 30. The Atlanta-based company earned $1.99 ...
Shares of United Parcel Service Inc. soared early Tuesday trading, after the package-delivery giant reported third-quarter ...
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 ...
United Parcel Service posted third-quarter results that handily beat Wall Street's expectations and gave details about its ...
Sean O’Brien’s rich 2023 contract is a loser for laid-off workers.
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a ...
SHW and UNH were two of the best Dow Jones stocks Tuesday, thanks to solid earnings reports, and MSFT closed with a $4 ...
Just Capital's new report finds some investors cheering AI productivity, while nearly half of workers fear layoffs.
The shipping and logistics giant is the latest company to announce massive corporate profits alongside job cuts.
CEO Andy Jassy has explicitly tied the workforce reduction to the company's rapid adoption of AI. Amazon has plans to automate as much as 75% of its fulfillment processes by 2033 and potentially ...