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Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...
In light of new tariffs, UPS is planning to lay off thousands of workers and close dozens of facilities by the end of 2025, including at least one in Wisconsin. The company announced the changes ...
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 ...
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 plans to cut approximately 20,000 jobs in 2025, citing tariffs and economic conditions. The company also plans to close 73 buildings by the end of June 2025, aiming to save $3.5 billion.
UPS is cutting 20,000 jobs and closing 73 facilities, citing reduced business with Amazon and new tariff risks in its quarterly report. Emory economist Thomas Smith says the layoffs may be an ...
UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon. Despite exceeding first-quarter earnings expectations ...
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 ...
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 ...
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 ...
NEW YORK — UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon. A UPS spokesman said the layoffs are due to shedding 50% ...
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