United Parcel Service has eliminated 48,000 jobs so far this year, part of a sweeping restructuring effort that has closed ...
UPS beat Q3 earnings expectations after cutting 48,000 jobs and closing 93 facilities. Analysts and workers alike are asking: ...
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 ...
UPS delivered a performance in the third quarter of 2025, significantly surpassing Wall Street's expectations for both profit and revenue.
UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.
Get key insights from UPS Q3 2025 earnings: revenue growth, strategic shifts, cost control, and future outlook.
Major U.S. equities indexes climbed to fresh highs Tuesday in the wake of strong corporate earnings and as the Federal Reserve's two-day meeting kicked off.
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 ...
Shares in United Parcel Service Inc. soared Tuesday morning after it smashed Wall Street’s profit expectations by cutting ...
United Parcel Service beat analysts' estimates for third-quarter profit and forecast revenue above Wall Street expectations for the holiday season on Tuesday, banking on price increases to offset soft ...