UPS (NYSE: UPS) has faced significant challenges in recent years, resulting in lower revenue and profitability. That has ...

About 2,000 unionized delivery drivers accepted a buyout offer from UPS in the third quarter, according to an estimate by ...

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

The delivery giant said it cut about 48,000 jobs, part of which came under what its CEO called a "significant strategic shift ...

UPS cut about 48,000 jobs in 2025, part of which came under what its CEO called a "significant strategic shift." ...

UPS cut about 34,000 positions this year, the company said in its third-quarter earnings report. It had said it planned to ...

United Parcel Service is executing a strategic shift toward higher-margin deliveries, moving away from low-profit, ...

The company has cut thousands of drivers as it tries to improve profitability.

UPS shares soared after the shipping giant reported better-than-expected third-quarter results, the latest indication that the company's turnaround efforts are bearing fruit.

UPS stock faces a potential dividend cut and financial challenges. Learn key risks and why experts recommend selling until ...

The layoffs revealed on Tuesday have exceeded the reductions UPS announced earlier this year. In April, UPS said it would cut ...

UPS said its cost-cutting drive has already generated roughly US$2.2 billion in savings this year, with a total of US$3.5 ...