UPS stock soared in Tuesday's stock market after earnings and on Wednesday several analysts raised stock price targets.
UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.
Those cuts included 34,000 operational jobs as part of its Efficiency Reimagined initiative and 14,000 jobs, primarily within ...
United Parcel Service posted third-quarter results that handily beat Wall Street's expectations and gave details about its ...
Quarterly consolidated revenue, at $21.4 billion, fell 3.7% annually, and basic earnings per share, at $1.74 (topped Wall ...
UPS stock faces a potential dividend cut and financial challenges. Learn key risks and why experts recommend selling until ...
United Parcel Service (NYSE: UPS) shares closed Friday at $96.42, but the real story isn’t the recovery. It’s the stunning collapse in retail investor sentiment following the company’s earnings beat ...
UPS has since last year reduced its work force by 48,000 employees, the company said on Tuesday, in a cost-cutting drive ...
For example, tariffs probably won't be a major issue for UPS in five years. A new presidential administration and Congress will be in place. The current high tariffs will either have proven to be too ...
The layoffs revealed on Tuesday have exceeded the reductions UPS announced earlier this year. In April, UPS said it would cut ...