The US de minimis exemption for packages from China and Hong Kong ends today, with air cargo waiting to see how much of an ...

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 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 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 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.

Carol Tome; Chief Executive Officer, Director; United Parcel Service Inc Brian Dykes; Chief Financial Officer; United Parcel Service Inc Nando Cesarone; President U.S. and UPS Airline; United ...

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. The package delivery company said Tuesday that it ...

United Parcel Service (UPS) is delivering bad news instead of packages for 20,000 of its workers. The company announced on April 29 that it would be laying 20,000 employees and closing 73 ...