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Related: UPS suddenly closing more stores amid chaotic new change, layoffs Some have been flattened altogether. If the past ...
The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas.
The company also plans to close ... UPS’s adjusted operating profit increased by 0.9% to $1.7 billion. UPS is the first major U.S. company to respond to slowing trade through widespread layoffs.
UPS is cutting 20,000 jobs and closing some facilities as the delivery company reduces the amount of Amazon packages it handles.
The Stockton hub will close on May 29, UPS spokesperson Becca Hunnicutt said. The closure follows UPS's announcement of layoffs in its first-quarter earnings report on April 29, in which the parcel ...
The closure follows UPS's announcement of layoffs in its first-quarter earnings report on April 29, in which the parcel delivery company said it made consolidated revenue of $21.5 billion ...