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 ...

The United Parcel Service made the announcement alongside its Q1 2025 earnings report. UPS stock rose slightly on the news.

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term ...

Shipping giant UPS announced on Tuesday that it will be cutting 20,000 jobs to cut costs. Read more trending news The announcement was made during UPS’s earnings call, Reuters reported. One reason ...

UPS plans to slash 20,000 jobs this year as part of a cost ... said it would save $3.5 billion in 2025 through the cuts. UPS made the announcement alongside its first-quarter 2025 earnings report ...

FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. Amazon has hired FedEx to handle some of its large package deliveries, the companies said on May ...

UPS plans to cut roughly 20,000 positions throughout ... CEO Carol Tomé said on an earnings call following the announcement. The shakeup, which UPS referred to as its "Network Reconfiguration ...

The announcement was made during UPS’s ... the AP reported. Last year, UPS cut 12,000 management jobs, Bloomberg reported.