News

UPS cutting around 20,000 jobs due to 'new or increased tariffs'; 73 buildings closing
UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower ...
UPS to cut 20k jobs amid Trump tariff uncertainty
The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term ...
UPS closing South Boston facility, cutting jobs as layoffs are announced nationwide
The former customer service center on Summer Street is closing permanently and job cuts will begin on May 23. In a WARN Act ...
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UPS Delivers Bad News Amid Amazon Spending Pullback
The company announced on April 29 that it would be laying 20,000 employees and closing 73 locations as Amazon spending slows ...
World’s largest parcel delivery company to cut 20,000 jobs, anticipating trade slowdown
The firm could not provide any updates on its year-long outlook given “the current macro-economic uncertainty.” ...
Is United Parcel Service, Inc. (UPS) the Worst-Performing Blue Chip Stock So Far in 2025?
We recently published a list of 11 Worst-Performing Blue Chip Stocks So Far in 2025. In this article, we are going to take a ...
UPS Halts Guidance on Economic Volatility as It Slims Network
United Parcel Service Inc. backed away from its full-year financial guidance as President Donald Trump’s tariffs pose new ...
UPS announces mass layoffs in the United States! What’s the reason?
In 2001, UPS entered the retail shipping market by acquiring Mail Boxes Etc., Inc., then the world’s largest franchise ...