UPS plans to cut approximately 20,000 jobs and close 73 facilities by the end of June 2025, as it significantly reduces the volume of Amazon shipments. Conclave gets underway after cardinals take ...

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 ...