UPS, in the throes of a cost-cutting drive, said Tuesday that it had reduced its workforce by 48,000 employees this year. The ...

UPS has since last year reduced its work force by 48,000 employees, the company said on Tuesday, in a cost-cutting drive ...

UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.

The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be ...

Shares of UPS soared Tuesday morning after the courier beat Wall Street estimates in its third-quarter earnings report.

The delivery giant has also shuttered 93 buildings in 2025 as it adjusts its U.S. network to a reduction in Amazon volume.

United Parcel Service posted better-than-expected results on Tuesday, in an early sign that the company's overhaul, which ...

Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround ...

Two years after UPS and the Teamsters union reached a historic national contract, package car drivers will soon have air ...

It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a ...

UPS announces its “most significant strategic shift in history,” cutting 48,000 jobs and closing 93 facilities to streamline ...

UPS reported profit of US$1.3 billion (S$1.7 billion) in the third quarter, down 14.8 per cent from a year ago. Read more at ...