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 said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency. The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft. The ...

Shares in UPS — which has about 490,000 employees — fell 1% in early trades on Tuesday after the package delivery giant revealed the job cuts. UPS said it expects to save $3.5 billion this ...

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty ...

As the effects of President Trump’s tariffs begin to ripple through the global economy and delivery industry, the U.S. Postal Service and UPS will be employing thousands of fewer workers this ...

UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, especially the 145% tariffs on Chinese imports. But the company is still uncertain about the ultimate effects.

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. Ticker: Shaquille O’Neal to pay $1.8 million to ...

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 ...

Some companies have been adjusting their workforce as they simultaneously embrace artificial intelligence and automation more, according to Forbes. The outlet reported over the weekend that ...