News

UPS Will Fire 20,000 Workers. It’s Not Why You Think.
One thing that is certain—big layoffs are coming.UPS expects to reduce its workforce by about 20,000 positions during 2025, ...
UPS says it is cutting 20,000 staff and shuttering over 70 facilities
UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to ...
The New Republic3mOpinion
UPS Cutting Thousands of Jobs as Trump’s Economy Takes a Toll
UPS plans to fire 20,000 people before the end of the year in the midst of a Trump-induced drop in deliveries from Amazon, ...
UPS cuts 20,000 jobs, GM delays investor call as Trump's tariffs create corporate chaos
By Christoph Steitz, Marie Mannes and Kalea Hall FRANKFURT/STOCKHOLM/DETROIT (Reuters) -General Motors, Kraft Heinz and ...
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
UPS Tops Q1 Estimates, Announces 20,000 Employees Being Laid Off This Year
United Parcel Service (UPS) reported first-quarter results that topped analysts' estimates Tuesday, and the company also ...
UPS Stock Gains After Earnings. It’s Firing 20,000 Workers.
The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.
Uncertainty & shipper paralysis are a bigger risk for UPS than any cost upside: Evercore's Chappell
Jonathan Chappell, Evercore ISI transportation analyst, joins 'Squawk Box' to break down UPS' quarterly earnings results.