United Parcel Service's first-quarter profit beat market estimates and the parcel delivery giant said it will cut 20,000 jobs ...

United Parcel Service reported first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the ...

UPS aims to cut expenses and improve profitability after announcing a plan in January to slash the number of low-margin Amazon parcels it delivers by more than half over 18 months. The network ...

United Parcel Service expects to cut 20,000 jobs this year and close facilities as it dramatically reduces shipments for ...

UPS will cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to strengthen ...

The wind down of the relationship will mean lost jobs and facility closures. The shipping giant suspends 2025 guidance amid murky global economic picture.