Despite its pullback from Amazon, UPS is once again linked with the e-commerce giant as each company announced major layoffs on Tuesday. Amazon executives said it will cut 14,000 corporate positions ...

United Parcel Service is undertaking the most sweeping overhaul of its workforce in more than a century, cutting 48,000 ...

UPS is pulling back from a key distribution hub in Alabama, a move that crystallizes how its break with Amazon is reshaping ...

Amazon (NASDAQ: AMZN) is an online retail powerhouse, selling and delivering its own products and acting as a middleman for other retailers. The company's delivery trucks are ubiquitous in some areas ...

Good morning. UPS continues to lean into a strategy positioning it for long-term growth—one that required shrinking its decades-long partnership with Amazon. The package-delivery giant (No. 47 on the ...

On Monday, it was reported that Amazon is in the midst of slashing thousands of desk jobs, targeting up to 30,000 positions, with a confirmed 14,000 layoffs already this year. Amazon's job cuts were ...

United Parcel Service posted third-quarter results that handily beat Wall Street's expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts. Shares rose more ...

UPS remains slightly undervalued and a potential long-term investment despite recent operational and financial headwinds. UPS faces declining revenues, operating income, and EPS, compounded by the ...