"The Teamsters represent UPS package car drivers, air drivers, feeder drivers, part-time loaders, unloaders, sorters, clerks and mechanics.Along with the job cuts, the company announced it will ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon ...

The United Parcel Service (UPS) is expected to reduce its workforce by roughly 20,000 during 2025, citing "new or increased tariffs" and "changes in general economic conditions in the U.S. or ...

Shares in UPS — which has about 490,000 employees — fell 1% in early trades on Tuesday after the package delivery giant revealed the job cuts. UPS said it expects to save $3.5 billion this ...

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term initiative to boost efficiency and lower costs. UPS also said it plans to ...

UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, especially the 145% tariffs on Chinese imports. But the company is still uncertain about the ultimate effects.

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty ...

However, UPS’s adjusted operating profit increased by 0.9% to $1.7 billion. UPS is the first major U.S. company to respond to slowing trade through widespread layoffs. It also declined to ...

UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon. Despite exceeding first-quarter earnings expectations ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. Working the late shift? These tips can help Ticker ...