He says UPS shares jumped roughly 8% on the news ahead of the holiday rush, a sign Wall Street rewards leaner operations even ...
The layoffs revealed on Tuesday have exceeded the reductions UPS announced earlier this year. In April, UPS said it would cut ...
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a ...
United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its ...
UPS cut about 34,000 positions this year, the company said in its third-quarter earnings report. It had said it planned to ...
But for now, there’s still no sign of a major surge in layoffs or a rapid rise in unemployment. Amazon’s plans to discard at ...
(Corrects to say UPS cut 48,000 jobs so far this year, not 34,000, in paragraph 1 and headline) (Reuters) -United Parcel ...
Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround ...
Amazon and UPS both announced on Tuesday significant layoffs across the United States, affecting thousands of jobs. Amazon ...
UPS reported profit of US$1.3 billion (S$1.7 billion) in the third quarter, down 14.8 per cent from a year ago. Read more at ...
UPS cut about 48,000 jobs in 2025, part of which came under what its CEO called a "significant strategic shift." ...
A wave of job cuts at major US companies including Amazon, UPS, General Motors and Paramount is making unemployment increasingly difficult. Workers fa ...