News

UPS profit beats estimates, to cut 20,000 jobs on economic worries
United Parcel Service reported first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the ...
UPS to cut 20,000 jobs, GM delays investor call as Trump's tariffs create corporate chaos
The tariffs imposed by President Trump continue to have ripple effects across the globe as major companies announce business ...
UPS to layoff 20,000 workers, close some facilities
UPS is cutting 20,000 jobs and closing some facilities as the delivery company reduces the amount of Amazon packages it ...
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
UPS says it is cutting 20,000 staff and shuttering over 70 facilities
UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to ...
UPS Delivers Bad News Amid Amazon Spending Pullback
The company announced on April 29 that it would be laying 20,000 employees and closing 73 locations as Amazon spending slows ...
UPS targets $3.5B cost reduction in 2025 through network reconfiguration and growth in healthcare and SMBs
Q1 2025 Management View CEO Carol Tome highlighted key developments, including consolidated revenue of $21.5 billion for Q1 ...
UPS Tops Q1 Estimates, Announces 20,000 Employees Being Laid Off This Year
United Parcel Service (UPS) reported first-quarter results that topped analysts' estimates Tuesday, and the company also ...