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 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?

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 ...

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.

Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the midst of a massive overhaul of its delivery network. Earlier this year ...

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’ shares fell 1.3% during a shortened trading session in New York on July 3. The stock has declined more than 17% this year, trailing the S&P 500 Index’s 6.8% advance.

UPS is cutting 20,000 jobs and closing some facilities as the delivery company reduces the amount of Amazon packages it handles.. The company said it plans to conduct the layoffs before the end of ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter.