As UPS reconfigured its network in connection with the Amazon volume losses, UPS said it would reduce its workforce by about 4%, or by about 20,000 employees. The company said it will also close 73 ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...

United Parcel Service (UPS) announced Tuesday that it plans to slash 20,000 jobs this year due to economic uncertainty and a potential pullback from Amazon, its largest customer. The company also ...

UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon ...

United Parcel Service said on Tuesday that it will cut 20,000 positions this year, moving to slash expenses months after it parted ways from Amazon, its biggest customer. Amazon accounted for about 12 ...

Shares in UPS ticked up less than 1% premarket after the company said it expects to save $3.5 billion this year from the job cuts and by shutting 73 leased and owned buildings by the end of June.

We recently published a list of 11 Worst-Performing Blue Chip Stocks So Far in 2025. In this article, we are going to take a ...

Figure AI had uploaded a 90-second hi-speed teaser of its Figure 02 humanoid robots picking up and sorting logistics.

President Donald Trump's administration will move to reduce the impact of his automotive tariffs by alleviating some duties ...

The restructuring effort is part of a larger strategy to streamline operations and shift focus toward more profitable ...

UPS stock rises after beating Q1 2025 earnings expectations with $21.55B revenue and $1.49 EPS. Company plans strategic cost ...

(Bloomberg) — United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it ...