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Why do companies seem to prefer to cut middle management jobs?

Jan 31, 2024
Whatever the reason, shareholders seem to love hearing that jobs cuts are coming.
UPS announced nearly 12,000 layoffs on Tuesday. There have also been recent layoffs in industries like tech, media and finance.
Yuriko Nakao/Getty Images

UPS moves further into "reverse logistics" with purchase of Happy Returns

Oct 30, 2023
Delivery giant grows its network of sites where customers can send back packages by adding 10,000 Happy Returns drop-off locations.
Expanding its network of drop-off locations promises to boost the efficiency of UPS' package pickup operation.
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FedEx and UPS hike prices for 2024, but not as much

Sep 11, 2023
Shipping companies need to cover their higher costs, but there's a limit to how much they can pass on to customers.
Carriers like UPS and FedEx know there is a limit to how much they can raise prices, said Jason Miller of Michigan State.
Robert Nickelsberg/Getty Images

What do UPS earnings say about where companies are putting their priorities?

Aug 8, 2023
The company posts a revenue dip and says the pay levels in the new labor agreement with the Teamsters are higher than it had planned.
UPS reported that daily package volume slid nearly 10% in the second quarter as customers looked elsewhere amid concerns over a potential work stoppage.
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UPS reaches contract with 340,000 unionized workers, averting potentially calamitous strike

Jul 25, 2023
The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.
Above, UPS workers at a Teamsters rally on July 19. A deal reached Tuesday by Teamsters and UPS was key to averting a nationwide strike.
Frederic J. Brown/AFP via Getty Images

Retailers brace for more supply-chain woes as Teamsters threaten a strike against UPS

Jul 24, 2023
The last strike occurred more than 25 years ago — before the delivery business exploded. The current contract expires next week.
UPS workers at a recent Teamsters rally in Los Angeles. Without a labor contract, workers could go on strike as soon as next week.
Frederic J. Brown/AFP via Getty Images

What happens if UPS workers go on strike?

Jul 10, 2023
The last time UPS workers went on strike was 1997. It lasted 15 days, and cost $850 million. 
UPS and its workers union just ended another round of negotiations with no deal, and their contract expires July 31.
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Companies plan to hire fewer seasonal workers this year

Sep 22, 2022
Retailers are worried that inflation and fear of a potential recession will impact holiday spending.
Walmart said it plans to hire 40,000 seasonal workers for the holidays this year. It brought on 150,000 in 2021.
Joe Raedle/Getty Images

Shipping company profits and costs have increased amid pandemic e-commerce boom

Feb 1, 2021
Companies that deliver packages have had to expand capacity to handle surges and upgrade safety measures.
A UPS driver gets into his truck while on his delivery route on July 30, 2020 in San Francisco, Calif.
Justin Sullivan/Getty Images

Postal Service delays could move jobs to private competitors

Aug 12, 2020
Recent problems at the USPS could lead to more businesses using private companies for shipping — and that could have consequences for workers.
A Postal Service worker on the job in El Centro, California. Leadership changes could affect the workforce's options.
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