The shipping giant said the moves were expected to save $3.5 billion and were made in anticipation of “lower volumes from our ...

CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the Federal Reserves' upcoming interest rate ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the ...

United Parcel Service said on Tuesday it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon ...

UPS announced Tuesday that it will cut 20,000 jobs this year to save money due to a reduction in deliveries from Amazon, its ...

United Parcel Service said it will cut 20,000 jobs and shut 73 facilities to lower costs and to brace for a potential ...

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon ...

But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business. UPS in January announced a ...