UPS retires its fleet of MD-11 cargo aircraft involved in deadly Kentucky crash: The Nov. 4 Louisville crash killed the plane’s three-person crew and 12 others ...
pbs.org/newshour/nation/ups-retires-its-fleet-of-md-11-cargo-aircraft-involved-in-deadly-kentucky-crash
UPS retires its fleet of MD-11 cargo aircraft involved in deadly Kentucky ...
UPS cuts 48,000 jobs in the year to date as its turnaround continues: United Parcel Service posted third-quarter results that handily beat Wall Street’s ...
apnews.com/article/ups-amazon-layoffs-turnaround-85afc1c459883f41a2283c8394ce1eaf
UPS cuts 48,000 jobs in the year to date as its turnaround continues
UPS Cuts 48,000 Jobs in Management and Operations Through Layoffs and Buyouts: Shipper discloses 34,000 job cuts in operations; shares jump
wsj.com/business/logistics/united-parcel-service-ups-q3-earnings-report-2025-stock-jobs-layoffs-1d954f75
UPS Cuts 48,000 Jobs in Management and Operations Through Layoffs and ...
UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh: United Parcel Service on Tuesday said it would slash 20,000 jobs and shut 73 facilities ...
finance.yahoo.com/news/ups-reports-fall-first-quarter-101325659.html
UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh
Key FactsUPS Plans 20,000 Job Cuts Due to Amazon Decline
Apr 29, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cbsnews.com
  • UPS announced plans to cut 20,000 jobs to reduce costs as the company decreases package deliveries from Amazon, its largest customer.

  • The layoffs will affect over 4% of its workforce of approximately 490,000 employees and are part of a consolidation plan that includes closing 73 buildings by June 2025.

  • UPS expects to save $3.5 billion this year through these measures, while the Teamsters union emphasizes UPS's contractual obligation to create 30,000 Teamsters jobs.

  • The relationship between UPS and Amazon is tense as UPS requested a reduction in package volumes, while Amazon indicated it was willing to increase those volumes.
  • If UPS wants to continue to downsize corporate management, the Teamsters won't stand in its way.
    — Sean M. O'Brien, Teamsters general president, regarding UPS's job cuts and contract obligations.
"With our action, we will emerge as an even stronger, more nimble UPS," the company's CEO, Carol Tomé, said in a statement ... Show more
Large U.S. company to close 73 buildings, cut 20,000 jobs : This is the largest network reconfiguration in the company's history.
pennlive.com/business/2025/04/large-us-company-to-close-73-buildings-cut-20000-jobs.html
Large U.S. company to close 73 buildings, cut 20,000 jobs
UPS to ship fewer Amazon packages; shares plunge: UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns ...
businessinsider.com/ups-ship-fewer-amazon-packages-shares-drop-2025-1
UPS to ship fewer Amazon packages; shares plunge
UPS is showing signs of a turnaround after more than a year of struggles: UPS reported an improvement in quarterly profit and revenue for the third quarter.
ajc.com/news/business/ups-sees-quarterly-increase-in-revenue-marking-turnaround/NIV6GMMHPJDN7NNOQNRHYITN6I/
UPS is showing signs of a turnaround after more than a year of struggles
UPS profit and revenue dip in first quarter. Its CEO sees growth ahead: UPS reported a decline in first quarter revenue and profit. But UPS CEO Carol Tomé said ...
ajc.com/news/business/ups-saw-declines-in-profit-and-revenue-in-q1-2024/QPVWOS5HUBBHPOYXSVTVCUFNMI/
UPS profit and revenue dip in first quarter. Its CEO sees growth ahead
UPS to slash 12,000 jobs in cost-saving move as workers ordered to be in office 5 days a week
nypost.com/2024/01/30/business/ups-to-slash-12000-jobs-as-workers-ordered-to-be-in-office-5-days-a-week/
UPS to slash 12,000 jobs in cost-saving move as workers ordered to be in ...
Key FactsUPS Announces 12,000 Job Cuts and Office Return
Jan 30, 2024 · Reading time: ~10 sec.
Summary created with AI assistance · Source: nypost.com
  • UPS is set to cut 12,000 jobs and require employees to return to the office for five days a week.
UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically ... Show more

cnb.cx/3UqNLQ4
UPS plans to cut 12,000 jobs and explore the sale of its Coyote truck brokerage business in moves CEO Carol Tomé is taking to offset soft demand and higher ... Show more

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