Can a small Massachusetts start-up perfect a battery that would make electric vehicles cheaper and more convenient than conventional cars? Can a small Massachusetts start-up perfect a battery that ...

On April 29, UPS announced its plan to cut 20,000 workers as part of a cost-cutting effort to deliver fewer packages from Amazon. Currently, UPS operates within more than 200 countries and employs ...

UPS and other shipping companies were hit hard by the early April tariff announcement. The company has plans to cut costs, but will need time before it gets back to growth. Patient investors might ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its ...

The layoffs were announced on Apr. 29 in UPS' first quarter earnings report. In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters ...

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology ...

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term initiative to boost efficiency and lower costs. UPS also said it plans to ...

Shares in UPS — which has about 490,000 employees — fell 1% in early trades on Tuesday after the package delivery giant revealed the job cuts. UPS said it expects to save $3.5 billion this ...

United Parcel Service (UPS) said Tuesday that it will cut about 20,000 jobs and shutter 73 of its facilities as the logistics giant cuts costs amid a move to reduce shipping volumes from its ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...

However, UPS’s adjusted operating profit increased by 0.9% to $1.7 billion. UPS is the first major U.S. company to respond to slowing trade through widespread layoffs. It also declined to ...