In a move shaking the global shipping landscape, UPS has announced it will cut Amazon's shipping volume by more than half by late 2026, ending a decades-long partnership that once accounted for ...
NEW YORK — It’s a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. That’s caused many to limit new work ...
Third, the softness in its end markets in 2026 means UPS is on track to hit $4.6 billion in free cash flow (FCF) in 2025, and ...
Thousands of workers are falling victim to job cuts at Amazon (AMZN), UPS (UPS), Nestlé (NSRGY), and other large companies, in an economy defined by uncertainty, AI, and global tensions. Amazon said ...
On Tuesday, Amazon, UPS and Paramount Global announced plans to eliminate at least 50,000 jobs, part of a continuing wave of mass layoffs that has already wiped out nearly a million positions this ...
The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be in the works Amazon on Tuesday said it would cut around 14,000 corporate ...
The US Postal Service says it's once again on the brink of bankruptcy and needs help. Next year, USPS plans to ask for bids from other deliver services, including Amazon, FedEx and UPS, so those ...
This is a published version of Forbes’ Careers Newsletter. Click here to subscribe and get it in your inbox every Tuesday. Tens of thousands of corporate workers learn this week their jobs will soon ...