UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty.

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 ...

UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth. The post UPS drivers to receive buyout offer as company shrinks parcel network ...

Just How Expensive Are Stocks After All the Ups and Downs? We Check the Math. A look at different methods for valuing stocks and what that might suggest going forward. By . Sam Goldfarb.

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments. $3,500 iPhone possible?

For its part, the Teamsters union, which represents thousands of UPS workers, said it would fight any cuts that harm its members. “The United Parcel Service is contractually obligated to create ...

UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to strengthen operations. Business Insider Subscribe Newsletters ...

UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come as President Trump’s tariffs are prompting some UPS ...

Shares in UPS ticked up less than 1% premarket after the company said it expects to save $3.5 billion this year from the job cuts and by shutting 73 leased and owned buildings by the end of June.

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and amid U.S. President Donald Trump's tariffs ...

Shipping uncertainty ahead. UPS’s decoupling from Amazon may be the easy part of its reconfiguration, however. Weeks after it announced that change, President Donald Trump announced tariffs on U ...

UPS layoffs: 20,000 jobs cut, 73 locations to close as company cites less Amazon business and tariff uncertainty United Parcel Service made the announcement alongside its Q1 2025 earnings report ...