The Labor Department, citing budget deficits and claiming poor results, said that it was halting contracts on the 99 private-contractor-operated sites under its purview.

UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.

In 2024, UPS employed approximately 490,000 people globally, including around 330,000 jobs represented by Teamsters in the United States. Cutting 20,000 jobs represents about 4% of UPS' workforce.

UPS & Amazon Partnership Scaled Back Dramatically This comes months after the company announced they would be cutting back their business dealings with Amazon. Reports claim that the plan for the ...

Higher tariffs mean higher costs for importing goods, especially from Asia. For UPS, that means fewer international packages and thinner margins on global shipments a tough blow for a company deeply ...

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.