The bottom line: We are now anticipating a tariff-induced US economic slowdown. As a result, we are incrementally tempering our 2025 and 2026 revenue and margin assumptions for wide-moat UPS and ...

The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and ...

United Parcel Service on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in ...

UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower Amazon shipments.

The United Parcel Service (UPS) said Tuesday that it will cut approximately 20,000 jobs in 2025 as part of a longer-term ...

The tariffs imposed by President Trump continue to have ripple effects across the globe as major companies announce business ...

UPS plans to fire 20,000 people before the end of the year, in the midst of a Trump-induced drop in deliveries from Amazon, ...

United Parcel Service announces earnings early Tuesday, providing an early look at how tariff impacts are playing out in the ...