On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS history." ...

UPS will eliminate about 20,000 jobs throughout 2025 as part of a major cost-cutting plan fueled by a decline in Amazon shipments. The Atlanta-based shipping giant revealed the job cuts in a ...

“For every job loss going back to UPS, 20,000 jobs lost, or what have you nationally, that probably would be at least another 10,000 jobs lost in the economy," said Lambert.

UPS plans to cut 20,000 jobs and close 73 facilities due to reduced Amazon deliveries. The company aims to save $3.5 billion in 2025 amid operational restructuring and cost-cutting.

For its part, the Teamsters union, which represents thousands of UPS workers, said it would fight any cuts that harm its members. “The United Parcel Service is contractually obligated to create ...

UPS is cutting 20,000 ... "Those 20,000 jobs that are lost are going to lead to lower consumption across the Atlanta metro area—that could impact other people’s jobs." UPS has not announced ...

With help from Beyoncé and Shaboozey, Levi Strauss & Co. flexed top- and bottom-line strength in Q2. Net revenues rose 6.4% year over year to $1.4 billion, with e-commerce up 13%. Gross margin ...

The impact of Amazon's missing volumes will accelerate in H2 2025 and UPS is likely to work around several measures to plug the hole and come up with higher margins on the other side. That's the ...

TYLER, Texas (KLTV) - Economist Dr. Ray Perryman says the tariffs imposed by President Donald Trump are resulting in a slowdown of deliveries at ports. Long term, he says the tariffs could have a ...

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and amid President Donald Trump’s ...