News

UPS Will Fire 20,000 Workers. It’s Not Why You Think.
The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.
UPS says it is cutting 20,000 staff and shuttering over 70 facilities
UPS said it would cut 20,000 jobs in 2025 amid cost-cutting and facility closures, responding to soft demand and aiming to ...
UPS to cut 20,000 jobs, GM delays investor call as Trump's tariffs create corporate chaos
The tariffs imposed by President Trump continue to have ripple effects across the globe as major companies announce business ...
UPS profit beats estimates, to cut 20,000 jobs on economic worries
United Parcel Service reported first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the ...
UPS targets $3.5B cost reduction in 2025 through network reconfiguration and growth in healthcare and SMBs
Q1 2025 Management View CEO Carol Tome highlighted key developments, including consolidated revenue of $21.5 billion for Q1 ...
UPS Tops Q1 Estimates, Announces 20,000 Employees Being Laid Off This Year
United Parcel Service (UPS) reported first-quarter results that topped analysts' estimates Tuesday, and the company also ...
UPS Stock Gains After Earnings. It’s Firing 20,000 Workers.
The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.
Uncertainty & shipper paralysis are a bigger risk for UPS than any cost upside: Evercore's Chappell
Jonathan Chappell, Evercore ISI transportation analyst, joins 'Squawk Box' to break down UPS' quarterly earnings results.