UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...

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 ...

UPS revealed the job cuts in its earnings report released today, which it says are linked to “lower volumes from our largest customer,” Amazon. The company announced earlier this year that it will ...

Wall Street sifted through a rush of earnings reports and economic data, while a much-needed tariff reprieve for automakers ...

The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.

As Amazon scales back its business with UPS, the company faces a challenging market, prompting significant workforce reductions and facility closures.

The new report analyzed UPS’ first quarter revenue — $21.5 billion, down from $21.7 billion last year — and outlined the ...