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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 is offering full-time U.S. union delivery drivers a voluntary buyout in a move that the Teamsters says violates the national contract both parties agreed upon in 2023. The buyout comes as the ...
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 cutting around 20,000 jobs amid 'new or increased tariffs'; 73 buildings closing The parcel delivery service announced 12,000 layoffs in January 2024 following a substantial year-over-year ...
UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs.
Full-time UPS drivers will earn $170,000 a year, on average, in new contract, CEO says The new agreement comes after the Teamsters threatened the largest single employer strike in U.S. history if ...
Check out the latest United Parcel Service Inc. (UPS) stock quote and chart. View real-time stock prices & the company’s financial overview to help with your trading & investment.
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.
Higher six-figure pay for UPS drivers. By the end of the new contract, full-time UPS delivery drivers will make an average of $49 per hour, which works out to nearly $102,000 per year, assuming a ...
Since UPS agreed to boost full-time driver wages to $170,000 a year with benefits, interest in the gig has spiked. Here's how to get the job.
UPS workers protest at facility in Brooklyn, New York, to demand heat protections on July 28, 2022. Teamsters In a statement this week announcing the air-conditioning changes ...
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