Tome said UPS closed 11 buildings in 2024, “and the learnings from those closings became the blueprint for our network ...

The bottom line: We are now anticipating a tariff-induced US economic slowdown. As a result, we are incrementally tempering our 2025 and 2026 revenue and margin assumptions for wide-moat UPS and ...

UPS reveals it is cutting 20,000 jobs amid decrease in Amazon deliveries - Company also cited ‘uncertainty’ around wider ...

UPS will eliminate about 20,000 jobs throughout 2025 as part of a major cost-cutting plan fueled by a decline in Amazon ...

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and ...

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

UPS announced Tuesday that it will cut 20,000 jobs this year to save money due to a reduction in deliveries from Amazon, its ...