On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than 4% of its workforce.

United Parcel Service Inc. announced plans to cut 20,000 jobs, and close dozens of buildings this year, as the package delivery giant’s plan to cut its Amazon volume by more than half was moving ...

Putting those figures into context, UPS revenue was about $91 billion in 2023 (making healthcare 11% of revenue), and Wall ...

The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump.

Republicans are barreling ahead to try to pass President Donald Trump’s “big, beautiful bill” — legislation that somehow ...

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, ... UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, ...

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments.

April 29 (UPI) --UPS announced Tuesday that it will cut 20,000 jobs this year to save money due to a reduction in deliveries from Amazon, its top client."We expect to reduce our operational ...

UPS said the decline in Amazon volumes ran slightly ahead of schedule in the first quarter but is expected to be back on plan by the end of the first half of the year. Don't miss: UPS to cut its ...

UPS to cut 20,000 jobs, ... The job cuts may also lead to a "re-measurement" of its pension-plan obligations, but UPS could not yet determine the impact. Amid the loss of Amazon volume, ...