News
UPS to cut 20,000 jobs. Here’s why.
The United Parcel Service (UPS) announced Tuesday that it’s planning to cut 20,000 jobs this year. According to a regulatory filing from UPS, the cuts are connected to its “anticipation of lower volumes” from its largest customer. CBS is reporting that the customer is Amazon.
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 ...
Shares in UPS ticked up less than 1% premarket after the company said it expects to save $3.5 billion this year from the job cuts and by shutting 73 leased and owned buildings by the end of June.
StockStory.org on MSN6h
United Parcel Service (NYSE:UPS) Exceeds Q1 ExpectationsParcel delivery company UPS (NYSE:UPS) reported Q1 CY2025 results , but sales were flat year on year at $21.5 billion. Its ...
(Bloomberg) — United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it ...
Shares of United Parcel Service surged in premarket Tuesday after the shipping giant's first-quarter results topped analysts' ...
United Parcel Service (UPS) will eliminate 20,000 positions and shut 73 facilities as it prepares for a decline in Amazon ...
Stocktwits on MSN5h
UPS Q1 2025 Earnings Beat Estimates: Parcel Giant To Cut Costs Through Layoffs, Building Closures Through 2025Parcel giant United Parcel Service (UPS) on Tuesday held back from providing updates on its full-year outlook in light of ...
We recently published a list of Jim Cramer’s Game Plan for This Week: 16 Stocks in Focus. In this article, we are going to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback