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 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 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 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 ...

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 ...

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 ...

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’ first-quarter revenue fell slightly to $21.5 billion, but the company still beat Wall Street earnings expectations of $21.05 billion, according to the data firm London Stock Exchange Group ...

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.

Parcel giant UPS said on Thursday it would buy Canada's Andlauer Healthcare Group in an all-cash deal valued at $1.6 billion, boosting its healthcare logistics business.