UPS said that of the prior cuts, approximately 34,000 operational roles have been eliminated so far this year.

Hundreds of additional employees are reportedly slated for “temporary layoffs.” And GM has recently moved to downsize other ...

The U.S. stock market pushed further into record heights on Tuesday. The S&P 500 added 0.2%. The Dow Jones Industrial Average rose 161 points, or 0.3%, and the Nasdaq composite climbed 0.8%. All three ...

James Comer said the mind-boggling amount of money that President Donald Trump and his family have made this year off of ...

Powell forcefully warned against assuming another rate cut is a done deal as officials navigate an economy where spending is ...

The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be ...

UPS cut about 48,000 jobs in 2025, part of which came under what its CEO called a "significant strategic shift." ...

UPS announces its “most significant strategic shift in history,” cutting 48,000 jobs and closing 93 facilities to streamline ...

Shares of United Parcel Service (UPS) are overbought and close to a resistance level. They may reverse and head lower.

United Parcel Service is executing a strategic shift toward higher-margin deliveries, moving away from low-profit, ...