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UPS targets $3.5B cost reduction in 2025 through network reconfiguration and growth in healthcare and SMBs
Q1 2025 Management View CEO Carol Tome highlighted key developments, including consolidated revenue of $21.5 billion for Q1 ...
UPS says it is cutting 20,000 staff and shuttering over 70 facilities
UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to ...
UPS profit beats estimates, to cut 20,000 jobs on economic worries
United Parcel Service reported first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the ...
UPS is laying off 20,000 workers as it slashes Amazon deliveries.
UPS revealed the job cuts in its earnings report released today, which it says are linked to “lower volumes from our largest customer,” Amazon. The company announced earlier this year that it will ...
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Corning ups investment in Saginaw County, adds 400 jobs
The company announced it is moving up the timeline for its advanced manufacturing operations to meet increased demand for U.S ...
UPS cuts 20,000 jobs, GM delays investor call as Trump's tariffs create corporate chaos
By Christoph Steitz, Marie Mannes and Kalea Hall FRANKFURT/STOCKHOLM/DETROIT (Reuters) -General Motors, Kraft Heinz and ...
UPS Tops Q1 Estimates, Announces 20,000 Employees Being Laid Off This Year
United Parcel Service (UPS) reported first-quarter results that topped analysts' estimates Tuesday, and the company also ...
UPS Stock Gains After Earnings. It’s Firing 20,000 Workers.
The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.