Accounting
UPS to lay off 20,000 employees amid Amazon shipping rollback
The company previously reached an “agreement with Amazon to reduce their volume in our network by more than 50% by June of 2026.”
The company previously reached an “agreement with Amazon to reduce their volume in our network by more than 50% by June of 2026.”
Company says tariffs and ‘subdued’ consumer spending will impact earnings this year.
Boeing sells aviation software division to private equity firm for $10.55 billion.
Turbulence is dampening dealmaking as companies batten down the hatches.
CFOs are in the woods right now.
More than 20,000 employees are taking deferred resignation, with more cuts planned.
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