United Parcel Service, Inc., is closing its distribution hub in New Orleans East to refurbish and streamline the facility, ...

The so-called “Driver Voluntary Severance Plan” is the latest part of the company’s jobs massacre, including plans to ...

Businesses that are contemplating job cuts need to know how to conduct layoffs, treating the matter with the empathy it ...

This is a first in the company's 117-year history. Attorney for Biden's ex-doctor calls House GOP's move "unprecedented" ...

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS history." ...

UPS, which is one of the largest parcel delivery companies in the US, currently has 490,000 employees, around 330,000 of which are represented by the Teamsters union. The union was the first to ...

The announcement comes as UPS executes “the largest network reconfiguration in its history” — a sweeping overhaul that includes cutting 20,000 jobs and closing 73 facilities.

BofA's Hoexter kept a Buy on UPS despite cutting EPS estimates, citing margin pressure and weak demand, but sees value at current levels.