Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
Amazon.com Inc. UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy ...
Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to ...