Parcel delivery company UPS (NYSE:UPS) reported Q4 CY2025 results , but sales fell by 3.2% year on year to $24.48 billion.
The company also said it had identified 24 buildings for closure during the first half of 2026 and increase automation.
Public filings and earnings reports show that UPS slashed its workforce by eliminating 48,000 jobs in 2025 and that another ...
UPS announced during an earnings call on Jan. 27 it plans to lose 30,000 jobs and closed 24 facilities across the company in ...
UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and ...
The company has an exciting future, but there are headwinds to consider in 2026.
(Bloomberg) -- United Parcel Service Inc. will invest $120 million in 400 robots used to unload trucks, according to people familiar with the matter, revealing new details on the logistics giant’s $9 ...