The United Parcel Service made the announcement alongside its Q1 2025 earnings report. UPS stock rose slightly on the news.

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 delivery giant's decision to deliver fewer packages from Amazon, its biggest ...

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term ...

UPS plans to cut roughly 20,000 positions throughout ... CEO Carol Tomé said on an earnings call following the announcement. The shakeup, which UPS referred to as its "Network Reconfiguration ...

The announcement was made during UPS’s ... the AP reported. Last year, UPS cut 12,000 management jobs, Bloomberg reported.

UPS is set to eliminate nearly 20,000 jobs and close 73 facilities by June, a strategic move following a significant ...