UPS says the move is part of a broader effort to cut $3.5 billion in costs, streamline operations, and adapt to new market realities. But the scale of the cuts and the ripple effects they may have on ...

UPS announces a harsh move. As it scales back Amazon volume, UPS plans to reduce its total operational hours and cut ...

Close to 20,000 UPS employees face being unemployed after the company announced job cuts due to increased technology use.

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is ...

The United Parcel Service plans to close 164 operations and 73 buildings by June and cut 20,000 positions by the end of the ...

Reports on Tuesday that UPS will be cutting about 20,000 jobs and closing 73 facilities left many with more questions than ...

Due to President Trump's tariffs, UPS says it will cut 20,000 jobs, close over 150 buildings and roll back Amazon deliveries.

Following first-quarter results, we are lowering our DCF-derived fair value estimate for DHL Group to EUR 39, from EUR 40. This is primarily due to tempering our near-term revenue and margin ...

UPS is expected to close 73 locations by the end of June. Some of the building locations are owned by the company, while others are leased. The company went on to say it is evaluating its network and ...

Prime Day 2025 may look a bit different this year due to tariffs put into place by the Trump administration. According to The ...