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UPS said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency. The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft.

The president’s stated opposition to cutting the program has put Republicans laboring to enact his domestic agenda in a bind. By Catie Edmondson Reporting from the Capitol Representative Jeff ...

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CrowdStrike CRWD-0.47%decrease; red down pointing triangle said it will cut about 500 jobs, or 5% of its global workforce, as part of a plan to drive efficiencies in the business. The ...

President Trump on Thursday signed an executive order aiming to slash public subsidies to PBS and NPR as he alleged "bias" in the broadcasters' reporting. The order instructs the Corporation for ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. There is a lot of apprehension around generative AI (GenAI). Some experts are suggesting ...

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 ...

WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said on Wednesday it is eliminating 450 positions as it aims to cut annual costs by $100 million as future support from Congress remains uncertain.

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology ...

Amtrak is cutting roughly 20% of its top-level management staff in an effort to reduce costs amid uncertainty about President Donald Trump’s plans to invest in infrastructure, according to ...

The National Security Agency (NSA), the U.S. government’s electronic spy agency, is looking at cutting up to 2,000 civilian jobs as part of the Trump administration’s effort to greatly reduce ...