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In a move reflective of the current economic landscape, United Parcel Service (UPS) has announced a significant downsizing ...
(AP) — 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.
UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...
Despite posting a strong earnings, UPS stock is under heavy pressure at the tail-end of April 2025; here's what is going on.
The UPS job cuts will affect 20,000 roles and the company is also shuttering facilities and exploring automation as an ...
The company announced that it will be reducing its workforce by around 20,000 positions in 2025, while closing over 70 ...
UPS job cuts affect 20,000 workers and close 73 stores as Amazon deliveries drop and Q1 earnings reflect the change.
Understand the UPS layoffs affecting 20,000 jobs as the company responds to decreased Amazon shipments and economic pressures ...
Tome said UPS closed 11 buildings in 2024, “and the learnings from those closings became the blueprint for our network ...
Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the ...