UPS axes 48,000 workers in sweeping cost-cut push, sparking stock surge

UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.

UPS Investor Sentiment Drops 60% on Earnings Backfire And 48,000 Job Cuts

United Parcel Service (NYSE: UPS) shares closed Friday at $96.42, but the real story isn’t the recovery. It’s the stunning collapse in retail investor sentiment following the company’s earnings beat ...

UPS Cuts 48,000 Jobs in Management and Operations

The shipper disclosed 34,000 job cuts in operations as its chief executive is under pressure to reverse a long slump in the ...

Beloved UPS driver spent 38 years on N.J. route. Now he’s getting special delivery in return.

Anthony Romano worked the same Westfield and Mountainside neighborhoods for 38 years, becoming far more than just a delivery ...

UPS Driver Finds 3 St. Bernards in Truck—What He Does Next Caught on Camera

"We rescue Saint Bernards, and they all love the UPS van and hear it coming up the hill," the owner told Newsweek.

UPS profit tops forecasts as turnaround effort delivers early results

United Parcel Service posted better-than-expected quarterly results on Tuesday, in an early sign that its overhaul, which has ...
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UPS to cut 48,000 workers in major shake-up

United Parcel Service (UPS) has eliminated 48,000 jobs this year as part of a sweeping cost-cut push aimed at achieving a ...

UPS Stock Soars After Earnings. Its Dividend Is Safe—For Now.

UPS reports third-quarter earnings per share of $1.74 from sales of $21.4 billion. Wall Street was looking for earnings of $1 ...