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UPS CEO Carol Tome said on Tuesday that many of the delivery firm's small to medium-sized business customers source 100% of ...
United Parcel Service (UPS) will slash 20,000 jobs and shut dozens of facilities by mid-2025 in a bid to save $3.5 billion, ...
The move comes as Trump's aggressive trade policies have begun slowing economic growth and increasing expectations for a possible recession. Advt UPS is contractually obligated to create 30,000 ...
UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...
The fallout from U.S. President Donald Trump's trade war reverberated further through the corporate world on Tuesday, as ...
The company announced that it will be reducing its workforce by around 20,000 positions in 2025, while closing over 70 ...
Asian markets showed slightly good performance despite ongoing concerns about US trade policies under President Trump. While ...
If you want to understand how researchers and policymakers are thinking about the economy, you’d want to ... spending when there’s no one clear trend? Texas Standard: In your recent piece ...
New Delhi: India’s economy continues to show resilience and ... supported by a rate cut and positive food price trends, geopolitical uncertainties warrant close monitoring," the ministry added.
UPS said it was not providing any updates to its full-year outlook due to the economic uncertainty even as it lowers costs through jobs cuts, warehouse closures, increased automation and asset sales. ...
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 made the announcement alongside its Q1 2025 earnings report. UPS stock rose slightly on the news.
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