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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 company announced that it will be reducing its workforce by around 20,000 positions in 2025, while closing over 70 ...
UPS is reportedly in advanced talks with startup Figure AI to trial humanoid robots possibly to sort parcels and support ...
Confusion and fear are rippling through the immigrant communities of the Texas Panhandle, where newcomers have come for ...
UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is ...
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
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 ...
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Sourcing Journal on MSNUPS Slashes 20,000 Jobs as it Weans Off AmazonSMBs will be "disproportionally impacted" by China tariffs, with many "100-percent single sourced from China," UPS execs said ...
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 automated system has helped streamline the entire process by having prescriptions screened and prepared before the arrival of patients, with i-Pharmabot able to sort, label and dispense medica ...
China has welcomed the announcement by the United States of a series of exemptions from import levies on consumer electronics, which it said was a “small step” in correcting President Donald ...
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