Due to President Trump's tariffs, UPS says it will cut 20,000 jobs, close over 150 buildings and roll back Amazon deliveries.

UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...

The fallout from U.S. President Donald Trump's trade war reverberated further through the corporate world on Tuesday, as ...

The UPS job cuts will affect 20,000 roles and the company is also shuttering facilities and exploring automation as an ...

Workers must answer through mass action of their own, uniting with workers in other industries across the US and the world ...

Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the ...

The delivery company is shrinking its workforce and closing facilities after a shift away from its biggest customer.

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in ...

UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon and a huge restructuring of its delivery network, executives said Tuesday ...

The tariffs imposed by President Trump continue to have ripple effects across the globe as major companies announce business ...

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

The decision to suspend the label does not amount to formal recognition for the Taliban authorities, which are seeking international legitimacy. But it helps avoid embarrassment for Russian ...