UPS says the move is part of a broader effort to cut $3.5 billion in costs, streamline operations, and adapt to new market realities. But the scale of the cuts and the ripple effects they may have on ...

UPS announces a harsh move. As it scales back Amazon volume, UPS plans to reduce its total operational hours and cut ...

Close to 20,000 UPS employees face being unemployed after the company announced job cuts due to increased technology use.

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is ...