On January 28, Bernstein analyst David Vernon raised his price target on United Parcel Service, Inc. (NYSE:UPS) to $128 from ...
‘The reality is with less volume, we need less positions,’ Brian Dykes says.
UPS is cutting tens of thousands of jobs via voluntary programs. It's a workforce strategy that meets business needs without mass layoffs.
The planned job losses amount to around 6% of the company's global workforce.
A UPS driver showed great ingenuity amid the winter storm that hit Texas recently, sliding down an ice-covered driveway to ...
General Motors announced plans to lay off nearly 1,200 Detroit workers due to a slowdown in the electric vehicle market, ...
More warehouses could close later in the year ...
These five top blue-chip stocks underperformed last year and look poised to rebound in 2026. Two are Warren Buffett holdings ...
Weekly jobless claims fell by 1,000 to 209,000, while continuing claims dropped by 38,000 to 1.827 million.
U.S. weekly jobless claims fell, pointing to steady layoffs even as hiring shows signs of cooling and consumers grow more ...
As layoffs mount, workers are feeling increasingly uneasy about the job market. In the U.S., economists have said that businesses are largely at a “no-hire, no fire” standstill, leading many to limit ...
Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months.