In a move that will reshape its workforce, United Parcel Service (UPS) has announced plans to lay off 20,000 workers and close 73 facilities. This decision follows a significant shift in its ...

May 12 (Reuters) - Amazon (AMZN.O), opens new tab has hired FedEx (FDX.N), opens new tab to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...

U.S.-based online retailing giant Amazon said it is eliminating 14,000 jobs to streamline its operations. Amazon's plans to discard at least 14,000 employees and the elimination of 48,000 jobs at UPS ...

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 ahead ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...

SAN FRANCISCO, Sept 2 (Reuters) - Amazon (AMZN.O), opens new tab doubled its Prime Day discount sales to four days this year and touted blowout numbers days after the event. But by one critical metric ...