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United Parcel Service (UPS) will cut 20,000 jobs and shutter 73 facilities to lower costs amid an uncertain ... U.S. firm to enact layoffs tied to tariff-driven trade slowdown.

makes UPS the first big American company to move forward with large-scale layoffs in the face of slowing trade due to the Trump administration's tariffs. A slowdown in global trade is likely to ...

MIDDLEBURG HEIGHTS, Ohio – United Parcel Service this summer plans to lay off 98 part-time employees ... according to a notice filed with the state. UPS spokesperson Karen Tomaszewski Hill ...

The layoffs account for about 4% of its roughly 490,000 employees. Facility closures and staff reductions come four months after UPS announced plans to cut its low-margin parcel business with ...

Currently, UPS operates within more than 200 countries and employs 490,000 individuals. The recently announced plan to layoff employees will affect over 4% of the delivery company's workforce.

UPS will lay off 99 employees from its warehouse at 1815 W. Pointe Drive in Charlotte on May 2 due to changes in its network, according to the Charlotte Business Journal. The layoffs will affect ...

UPS cuts 20,000 jobs and closes 73 facilities to save costs. First major U.S. firm to enact layoffs tied to tariff-driven trade slowdown. Expected $3.5 billion in savings for 2025 through ...