He says UPS shares jumped roughly 8% on the news ahead of the holiday rush, a sign Wall Street rewards leaner operations even ...

Thousands of workers are falling victim to job cuts at Amazon, UPS, Nestlé, and other large companies, in an economy defined ...

Federal Reserve officials noted that these tariffs have pushed inflation higher, making it impossible to cut interest rates .

The delivery giant said in its 8-K filing Oct. 28 that it cut about 34,000 operational jobs, including drivers, under a ...

Many firms are investing billions in generative AI tools and cloud infrastructure — but that investment often comes at the ...

Corporate America’s long freeze on layoffs has ended. After years of “labour hoarding” post-pandemic, major firms like Amazon, UPS, Target, and Meta a ...

From Silicon Valley to Bengaluru, tech giants are trimming staff to refocus on artificial intelligence, cloud services, and ...

Earlier this year, Microsoft said it will be cutting 9,000 jobs in one of the company’s largest rounds of layoffs.