UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.

“Our members cannot be bought off and we will not allow them to be sold out,” said Sean O’Brien, general president of the ...

The Teamsters said earlier today that UPS is preparing to roll out later this month what it called “an illegal plan” to buy out full-time Teamsters-represented UPS employees, labeling it a corporate ...

The company is cutting costs because of flat parcel volumes, rising labor costs and a long stock-price slide.

Layoffs have hit companies from Disney to Meta to Intel this year amid a backdrop of cost-cutting and technological change.

Burberry shares surged 16% in London trading Wednesday after the British luxury brand announced plans to cut around 1,700 worldwide jobs by fiscal 2027 as it continues its restructuring efforts.

UPS to lay off 98 part-time workers in Middleburg Heights as part of a nationwide restructuring driven by rising tariffs and reduced Amazon shipments. The “day sort” shift will be cut July 1 ...

The VA has cut just a few thousand staffers this year. But the administration has said it plans to eliminate at least 70,000 through layoffs and voluntary buyouts within the coming months.

UPS cutting 20,000 jobs amid reduction in Amazon shipments UPS says it plans to cut 20,000 jobs and close more than 70 stores by the end of June. According to UPS, 40 of its The UPS Store ...

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.