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UPS profit beats estimates, announces job cuts on lower Amazon shipments
United Parcel Service said on it will cut 20,000 jobs and shut 73 facilities to lower costs and to brace for a potential ...
Is United Parcel Service, Inc. (UPS) the Worst-Performing Blue Chip Stock So Far in 2025?
We recently published a list of 11 Worst-Performing Blue Chip Stocks So Far in 2025. In this article, we are going to take a ...
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United Parcel Service (NYSE:UPS) Exceeds Q1 Expectations
Parcel delivery company UPS (NYSE:UPS) reported Q1 CY2025 results , but sales were flat year on year at $21.5 billion. Its ...
UPS Cutting 20,000 Jobs, Not Updating 2025 Outlook Amid Macro Uncertainty
United Parcel Service said it’s cutting 20,000 positions this year and it declined to update its outlook for the year due to ...
World’s largest parcel delivery company to cut 20,000 jobs, anticipating trade slowdown
The firm could not provide any updates on its year-long outlook given “the current macro-economic uncertainty.” ...
UPS announces mass layoffs in the United States! What’s the reason?
In 2001, UPS entered the retail shipping market by acquiring Mail Boxes Etc., Inc., then the world’s largest franchise ...
UPS set to lay off 20,000 workers as it reduces business with Amazon
The shipping giant said the moves were expected to save $3.5 billion and were made in anticipation of “lower volumes from our largest customer,” which is Amazon.