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 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 ...

The United Parcel Service (UPS) is expected to reduce its workforce by roughly 20,000 during 2025, citing "new or increased tariffs" and "changes in general economic conditions in the U.S. or ...

SIX. UPS IS CUTTING TENS OF THOUSANDS OF JOBS AND CLOSING DOZENS OF ITS BUILDINGS TO REDUCE COSTS AND INCREASE PROFITS. WLKY JAMIE MAYES IS LOOKING AT THE POTENTIAL IMPACT ON WORKERS HERE IN ...

The UPS layoffs follow its January decision to cut half of its delivery business with Amazon, its largest customer. The shipper’s rising labor costs have made many Amazon deliveries less lucrative.

United Parcel Service (UPS) announced Tuesday that it plans to slash 20,000 jobs this year due to economic uncertainty and a potential pullback from Amazon, its largest customer. The company also ...

The layoffs were announced on Apr. 29 in UPS' first quarter earnings report. In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters ...

UPS announced that it plans to reduce its workforce by about 20,000 employees and close 73 facilities, the company said when announcing its financial statement for the first quarter of 2025.

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. Ticker: Wall Street bounces back; Ford CEO welcomes ...

A UPS spokesman said the layoffs are due to shedding 50% of shipping volume from Amazon.com, its largest customer, as well as ongoing cost-cutting and efficiency projects under a major operational ...