UPS announced Tuesday it would lay off 20,000 workers this year, despite beating first-quarter profit estimates, as the shipping giant expects a decline in deliveries after cutting its shipments for ...

The parcel service company expects to "reduce our operational workforce by approximately 20,000 positions during 2025 and ...

UPS is expected to close 73 locations by the end of June. Some of the building locations are owned by the company, while others are leased. The company went on to say it is evaluating its network and ...