UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon ...

Leading cloud networking provider announces limited availability of next-gen networking platform attributed with reducing manual tasks by up to 90%.

Selecting the right energy storage technologies for dc UPS systems is essential due to varying requirements such as ...

The Osun State chapter of the All Progressives Congress has said the state governor, Ademola Adeleke, attempted to defect to its fold but failed due to the condition he was given by the APC ...

UPS and other shipping companies were hit hard by the early April tariff announcement. The company has plans to cut costs, but will need time before it gets back to growth. Patient investors might ...

UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon. Despite exceeding first-quarter earnings expectations ...

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 ...

NEW YORK — UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon. A UPS spokesman said the layoffs are due to shedding 50% ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. McDonald’s is closing its CosMc’s restaurants ...

UPS said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency. The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft. The ...

UPS plans to cut approximately 20,000 jobs and close 164 facilities in 2025, citing tariffs and economic conditions. The company aims to reduce its Amazon delivery volume by over 50% by June 2026.