UPS on Tuesday announced it would be cutting 12,000 jobs, or 2.4% of its global workforce, after a “disappointing” year and sliding revenue. Revenue for 2023 declined 9.3%, to $91 billion ...

However, UPS’s stock price has slumped by 12.62 per cent year to date, as it currently stands at $138.35 (£106.60). Read more Evri to create 9,000 jobs in hiring spree following Apollo takeover ...

UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs. 24/7 Live New York City New Jersey ...

Shares in UPS ticked up less than 1% premarket after the company said it expects to save $3.5 billion this year from the job cuts and by shutting 73 leased and owned buildings by the end of June.

UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come as President Trump’s tariffs are prompting some UPS ...

UPS is cutting 20,000 jobs and closing some facilities as the delivery company reduces the amount of Amazon packages it handles.. The company said it plans to conduct the layoffs before the end of ...