Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is ...

But for now, there’s still no sign of a major surge in layoffs or a rapid rise in unemployment. Amazon’s plans to discard at ...

United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its ...

United Parcel Service Inc. smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fueling ...

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

Amazon and UPS both announced on Tuesday significant layoffs across the United States, affecting thousands of jobs. Amazon ...

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

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

United Parcel Service (NYSE: UPS) shares closed Friday at $96.42, but the real story isn’t the recovery. It’s the stunning collapse in retail investor sentiment following the company’s earnings beat ...

While UPS’s 48,000 job cuts are primarily aimed at boosting profitability amid unprofitable operations, they also feed into ...

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