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The United Parcel Service made the announcement alongside its Q1 2025 earnings report. UPS stock rose slightly on the news.
A UPS facility in South Boston is one of 73 locations being closed nationwide as the shipping ... on Summer Street is closing permanently and job cuts will begin on May 23. In a WARN Act notice ...
The job cuts and building closures are expected to save UPS $3.5 billion in 2025, the earnings report says. UPS' consolidation and cost-saving initiative, "Network Reconfiguration and Efficiency ...
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year. By Peter Eavis UPS said on Tuesday that it would cut 20,000 jobs this ...
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 ...
UPS is looking to slash about 20,000 jobs and ... package delivery company said Tuesday that it anticipates making the job cuts this year. It anticipates closing 73 leased and owned buildings ...
which represents thousands of UPS workers, said it would fight any cuts that harm its members. “The United Parcel Service is contractually obligated to create 30,000 Teamsters jobs under our ...
AFTER THUNDER OVER LOUISVILLE WAS CANCELED. UPS WILL CUT TENS OF THOUSANDS OF JOBS THIS YEAR AS THE SHIPPING GIANT SEES A DRAMATIC REDUCTION IN AMAZON SHIPMENTS. VICKI IS GETTING THE FACTS ON THE ...
Recently announced plans by United Parcel Service, better known as UPS, to cut thousands of jobs and close more than 150 of its facilities in response to tariffs imposed by President Donald Trump ...