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UPS slashes 20,000 jobs and offers voluntary buyouts to drivers
One of the largest private mail and parcel carriers in the United States is slashing 20,000 jobs and offering voluntary buyouts to its full-time drivers. The move by UPS is part of the company’s plans to cut overall costs following a decision earlier this year to reduce the number of Amazon deliveries it handles, the Daily Mail reported in April.
On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...
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UPS to eliminate 20,000 positions with large buyout incentivesUPS plans to cut 20,000 jobs—about 4% of its global workforce—and is offering voluntary buyouts to U.S. full-time drivers for ...
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern ...
Amazon doesn't expect a significant impact on deliveries, but experts warn that some rural customers could face delays if UPS workers strike. $3,500 iPhone possible? What to know 📋 How to talk ...
Amazon, UPS’s largest customer and competitor, could overtake the Sandy Springs-based company as the nation’s largest package carrier this year.
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UPS, Starbucks, FedEx, Amazon, Google and almost 100 companies planning massive layoffs in JulyNearly 100 major companies, including UPS, FedEx, Starbucks, and Amazon, plan mass layoffs in July amid economic uncertainty ...
Analysts at Bank of America hiked their price target on Roku (NASDAQ:ROKU) and reiterated their bullish rating, citing ...
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