Amazon to cut 16,000 corporate jobs
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UPS is doubling down on reducing its relationship with Amazon.
In a move shaking the global shipping landscape, UPS has announced it will cut Amazon's shipping volume by more than half by late 2026, ending a decades-long partnership that once accounted for roughly 11.8% of UPS's annual revenue. The decision marks a ...
United Parcel Service ( UPS) announced on its earnings conference call on Tuesday that the shipping giant plans to eliminate an additional 30,000 jobs this year as part of the winding down of its partnership with Amazon ( AMZN ).
NEW YORK — It’s a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. That’s caused many to limit new work to only a few specific roles, if not pause ...
Thousands of workers are falling victim to job cuts at Amazon (AMZN), UPS (UPS), Nestlé (NSRGY), and other large companies, in an economy defined by uncertainty, AI, and global tensions. Amazon said in a message to employees Tuesday that it would reduce ...
Don’t wait too long to mail out that gift, Californians. The U.S. Postal Service, UPS and more all have recommended deadlines when it comes to packages arriving in time for Christmas. And those deadlines are quickly approaching. Here’s what to know.
The United Parcel Service, one of America's largest shipping and logistics companies, announced plans this week to cut 30,000 jobs in the coming year. In a company earnings call on Jan. 27, UPS CFO Brian Dykes cited poor fourth-quarter performance,
Global corporations are making significant changes this week. A number of them have just announced mass layoffs of tens of thousands of people due to economic downshifts, tariffs, and even AI. It’s a concerning sign for the economy’s health and an even ...