UPS is leaning into automation to cut costs.
Q4 2025 Management View Carol Tomé, CEO, began by expressing gratitude to the UPS team and addressing the response to the Flight 2976 tragedy. She stated, "Looking at the fourth quarter, our results ...
UPS (NYSE:UPS) has announced a major overhaul of its operations, including up to 30,000 job cuts and the closure of two dozen facilities. The company plans to reduce its Amazon delivery volume as it ...
The courier has been closing and consolidating dozens of sorting facilities, offering buyouts to union drivers and cutting back on seasonal workers to trim expenses.
UPS will cut up to 30,000 jobs and close facilities as it reduces Amazon deliveries, likely increasing shipping costs for ...
UPS Inc. experienced a 3.3% rise in earnings during the first quarter amid ongoing efforts to reduce costs and improve its network, the company reported April 29. The Atlanta-based shipping and ...
Parcel Service Inc (UPS) expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.