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A UPS hub in Stockton will close on May 29 as part of a company restructuring. UPS aims to reduce its workforce and close facilities amidst changing economic conditions and potential tariffs.
HARRISBURG, Pa. (WHTM) — UPS has confirmed three of its Pennsylvania facilities will close in the coming weeks. In 2024, UPS, one of the world’s largest shipping couriers, announced network ...
ATLANTA, May 07, 2025--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.64 per share on all outstanding Class A and Class B shares. The dividend is payable ...
UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty ...
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 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) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term initiative to boost efficiency and lower costs. UPS also said it plans to ...
Shares in UPS — which has about 490,000 employees — fell 1% in early trades on Tuesday after the package delivery giant revealed the job cuts. UPS said it expects to save $3.5 billion this ...
Kevin Carter / Getty Images United Parcel Service (UPS) reported first-quarter results that topped analysts' estimates Tuesday, and the company also announced plans to shrink its workforce and ...
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 ...
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 ...
By Peter Eavis UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come as President Trump’s tariffs are ...