News

UPS cutting around 20,000 jobs amid 'new or increased tariffs'; 164 buildings closing
UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower ...
UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...
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 ...
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 ...
UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes
UPS’s stock jumps after earnings beat expectations, but full-year outlook wasn’t updated given economic uncertainties.
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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 Tops Q1 Estimates, Announces 20,000 Employees Being Laid Off This Year
Shares of United Parcel Service surged in premarket Tuesday after the shipping giant's first-quarter results topped analysts' ...
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 in Talks With Startup Figure AI to Deploy Humanoid Robots
United Parcel Service Inc. is in talks with robotics startup Figure AI Inc. to use humanoid robots for some tasks in the ...
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 ...