UPS Cuts 48,000 Jobs—Then Beats Wall Street Expectations; Is This the New Normal for Corporate Turnarounds?

UPS beat Q3 earnings expectations after cutting 48,000 jobs and closing 93 facilities. Analysts and workers alike are asking: ...
syracuse.com

UPS to cut 20,000 jobs, close over 70 facilities as it reduces Amazon shipment handling

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...

UPS cuts 48,000 jobs in the year to date as its turnaround continues

UPS third-quarter results handily beat Wall Street’s expectations. It also gave details about its turnaround efforts, ...
Reuters

UPS's Coyote freight brokerage lays off workers as demand falls

LOS ANGELES, Feb 17 (Reuters) - Coyote Logistics, United Parcel Service's (UPS.N), opens new tab nonunion freight brokerage subsidiary, on Friday said it was laying off workers as rising interest ...