The planned job losses amount to around 6% of the company's global workforce.
Almost three of every four restaurant orders in the U.S. weren’t eaten in a restaurant, according to recent data. We spoke to readers who are devoted to delivery but question the costs. Food delivery ...
On January 20, Susquehanna analyst Bascome Majors lifted his price target on United Parcel Service, Inc. (NYSE:UPS) to $115 ...
Amazon announced 16,000 layoffs nationwide along with plans to cease operations at all Amazon Fresh and Go stores.
The UPS layoffs in 2026 are a result of the organization’s dialing down its business with Amazon, duplicating the 48,000 cuts ...
As Amazon expands its grocery delivery service in Iowa, how do options from Hy-Vee, Fareway, Walmart and more compare?
Amazon is closing all 57 Fresh grocery and 15 Go convenience stores as it realigns its grocery strategy around online ...
After a decade of experimentation and expansion, the company says it wasn't able to find the right model for its Amazon-branded grocery and convenience stores.
UPS is looking to close 24 buildings in the first half of the year, the AP reports. According to the company's fact sheet, it ...
It wasn’t immediately clear what’s next for the building at the Rancho Mirage shopping center that's been eyed as an Amazon ...
Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months.
The shuttering of its brick-and-mortar conventional grocery chain is a setback, but experts say the company will continue to ...