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 ...

The United Parcel Service made the announcement alongside its Q1 2025 earnings report. UPS stock rose slightly on the news.

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term ...

UPS' plans to cut thousands of jobs nationwide have hit home in Ohio, where the company has announced layoff at a facility ...

FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. Amazon has hired FedEx to handle some of its large package deliveries, the companies said on May ...

Consumers using “snail mail” will have about 30,000 fewer people handling their letters and packages this year. Both UPS (UPS ...

The announcement was made during UPS’s ... the AP reported. Last year, UPS cut 12,000 management jobs, Bloomberg reported.

UPS plans to cut roughly 20,000 positions throughout ... CEO Carol Tomé said on an earnings call following the announcement. The shakeup, which UPS referred to as its "Network Reconfiguration ...