United Parcel Service 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. The package delivery company said ...

UPS plans to cut 20,000 jobs—about 4% of its global workforce—and is offering voluntary buyouts to U.S ... The 20,000 job cuts follow a previous reduction of 12,000 employees last year ...

United Parcel Service's dividend faces risks due to declining sales, high costs, and economic challenges. Read here for an ...

The so-called “Driver Voluntary Severance Plan” is the latest part of the company’s jobs massacre, including plans to ...

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

The payout will equal $1,800 per year of service with a $10,000 minimum as the delivery giant looks to streamline its network ...

United Parcel Service, Inc., is closing its distribution hub in New Orleans East to refurbish and streamline the facility, ...

Job Layoffs. Add Topic. UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs. Abhinav Parmar. Reuters. Hear this story.