UPS plans cuts of 30,000 jobs, irking Teamsters union that points to $9 billion in profits last year
UPS recently announced it made $8.7 billion in profit last year on the same day that the world’s largest transportation company will reduce its workforce by 30,000 in primarily part-time positions.
The wave of layoffs is part of a global jobs bloodbath, driven by a ruthless global search for new sources of profit to ...
Donald Trump’s economy has led to the worst January in job cuts since the Great Recession in 2009.
The economy is getting stronger. Jobs are up, people are spending and on paper, everything looks great. This should be a time ...
Amazon plans to cut 16,000 corporate jobs while UPS is restructuring, eliminating 30,000 positions and closing facilities, ...
Amazon has a significant operational footprint in the Treasure Valley. The e-commerce giant is relying less on UPS, forcing job cuts there.
[ATLANTA, Ga] — UPS is planning to cut up to 30,000 jobs, according to a report from The New York Times. The company anticipates delivering fewer Amazon packages this year. UPS stated it will reduce ...
UPS is looking to close 24 buildings in the first half of the year, the AP reports. According to the company's fact sheet, it ...
UPS says it will cut up to 30,000 jobs as it expects to deliver fewer Amazon packages this year, citing an unprofitable ...
The delivery giant says a big reason for the job reductions is that it plans to handle fewer packages for Amazon, its largest ...
UPS has likewise slated 24 buildings for closure in the first half of the year, with more expected to shutter later in 2026, ...
ASML Holding NV — one of the key beneficiaries of the AI boom as the sole supplier of the advanced machines that can make Nvidia Corp.’s GPU chips — said Wednesday that it was cutting about 1,700 jobs ...
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