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So stuff like cordless drills, angle grinders, and impact drivers that typically cost you an arm and a leg now cost merely an ...
Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to ...
The State Department was pressing ahead with a reorganization that will see the elimination of the positions of more than ...
Artificial intelligence is also playing a growing role in these layoffs. Klarna's CEO revealed that the company has cut 40% ...
The impact of the global trade war since Trump’s “liberation day” reciprocal tariffs in April is beginning to mount across ...
In theory, if employees can learn AI at work, they will then be able to apply those skills to their own tasks, which will ...
Shipping is a great business when demand is strong, but there is little UPS or any competitor can do to boost revenue when ...
FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. This agreement follows ...
United Parcel Service Inc. announced plans to cut 20,000 jobs, and close dozens of buildings this year, as the package delivery giant’s plan to cut its Amazon volume by more than half was moving ...
UPS plans to cut approximately 20,000 jobs in 2025, citing tariffs and economic conditions. The company also plans to close 73 buildings by the end of June 2025, aiming to save $3.5 billion.
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 ...