As UPS addresses long-term headwinds of high costs and declining margins', it is currently trading near Covid lows. Click to ...

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

These cost-cutting measures are projected to save UPS $3.5 billion in 2025. The company's consolidation and restructuring efforts are expected to be completed by 2027. The United Parcel Service ...

UPS plans to cut 20,000 jobs and close over 70 facilities as part of its cost-saving measures. These changes are part of the "Network Reconfiguration and Efficiency Reimagined" program aimed at ...

UPS said the decision comes as a cost cutting measure after they announced they plan to deliver fewer Amazon packages. Sonia Sotomayor Gives Conservative Justices a Win in Supreme Court Case ...

UPS is laying off 20,000 workers and closing 73 facilities. That has rural Wyoming residents wondering if the already slow-arriving deliveries they ...

In 2001, UPS entered the retail shipping market by acquiring Mail Boxes Etc., Inc., then the world’s largest franchise network of retail shipping and postal service centers. Within just two years, ...

The fallout from President Donald Trump’s trade war reverberated further through the corporate world today, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors ...

Bagrie Economics managing director Cameron Bagrie called it the 'Rabbit Budget', as the pay equity changes allowed the ...

Mark Zuckerberg's Meta cut about 5% of its workforce in February.Chris Unger/Zuffa LLC via Getty Images Companies such as UPS ... staff vary, the cost-cutting measures are coming amid a backdrop ...