The company cut 48,000 jobs and closed 93 buildings as part of its turnaround plan, saving $2.2 billion so far.

Shares of United Parcel Service Inc. soared early Tuesday trading, after the package-delivery giant reported third-quarter ...

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Analysts have called it the “no-hire, no-fire” economy. But the thousands of job cuts announced by Amazon.com Inc. and United Parcel Service Inc. on Tuesday may suggest that the U.S. job market’s ...

UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.

The shipper disclosed 34,000 job cuts in operations as its chief executive is under pressure to reverse a long slump in the ...

As UPS continues a multiyear change to its business model that includes a downsizing of its relationship with Amazon, it announced Tuesday it has closed 93 buildings this year and cut 34,000 ...

From “hang up the phone” to hobo slang, a look at how language and life evolve across generations, shaped by memory and ...