On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than 4% of its workforce.

Don’t miss: UPS to cut its Amazon business by more than 50%. ... The job cuts may also lead to a “re-measurement” of its pension-plan obligations, but UPS could not yet determine the impact.

For its part, the Teamsters union, which represents thousands of UPS workers, said it would fight any cuts that harm its members. “The United Parcel Service is contractually obligated to create ...

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, ... UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, ...

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, ... UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, ...

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, ... UPS did see some effects from Trump’s broad tariffs of 10% on most imports, though, ...

Putting those figures into context, UPS revenue was about $91 billion in 2023 (making healthcare 11% of revenue), and Wall ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than 4% of its workforce. We're still working to learn where those cuts will ...