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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, its ...
The UPS layoffs follow its January decision to cut half of its delivery business with Amazon, its largest customer. The shipper’s rising labor costs have made many Amazon deliveries less lucrative.
UPS and Figure began having discussions about a partnership last year and have continued talks in recent months, said the people, who asked not be identified as the details are private.
United Parcel Service (UPS) announced Tuesday that it plans to slash 20,000 jobs this year due to economic uncertainty and a potential pullback from Amazon, its largest customer. The company also ...
A UPS spokesman said the layoffs are due to shedding 50% of shipping volume from Amazon.com, its largest customer, as well as ongoing cost-cutting and efficiency projects under a major operational ...
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. New tax cuts mostly favor the rich across states ...
[Stay on top of transportation news: Get TTNews in your inbox.] UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network ...
UPS announced that it plans to reduce its workforce by about 20,000 employees and close 73 facilities, the company said when announcing its financial statement for the first quarter of 2025.
The layoffs were announced on Apr. 29 in UPS' first quarter earnings report. In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters ...
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 ...
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. Trump to offer automakers some relief on his 25% ...
AFTER THUNDER OVER LOUISVILLE WAS CANCELED. UPS WILL CUT TENS OF THOUSANDS OF JOBS THIS YEAR AS THE SHIPPING GIANT SEES A DRAMATIC REDUCTION IN AMAZON SHIPMENTS. VICKI IS GETTING THE FACTS ON THE ...
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