In the autumn of 2025, United Parcel Service (UPS) stunned the logistics world with a sweeping announcement: 48,000 jobs ...
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a ...
UPS announces its “most significant strategic shift in history,” cutting 48,000 jobs and closing 93 facilities to streamline ...
The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be ...
United Parcel Service is executing a strategic shift toward higher-margin deliveries, moving away from low-profit, ...
UPS implements deeper workforce reductions than planned while achieving $2.2bn cost savings through operational restructuring ...
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Amazon said Tuesday that it will cut about 14,000 corporate jobs, close to 4% of its workforce, as the online retail giant ...
Shares in United Parcel Service Inc. soared Tuesday morning after it smashed Wall Street’s profit expectations by cutting ...
UPS cut about 34,000 positions this year, the company said in its third-quarter earnings report. It had said it planned to ...
UPS said its cost-cutting drive has already generated roughly US$2.2 billion in savings this year, with a total of US$3.5 ...
The layoffs revealed on Tuesday have exceeded the reductions UPS announced earlier this year. In April, UPS said it would cut ...
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