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The Wall Street Journal on MSN · 17h

UPS Stock Sinks on Plans to Slash Business with Amazon

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Hosted on MSN · 1d

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half.

Business Insider · 1d

UPS CEO, asked if rest of Amazon business will leave too, says ‘don’t think so’

CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with

1don MSN

Waste Management Targets $450 Million in Savings From Automation Push, Job Cuts

Waste Management will shed 1,000 jobs this year, accelerating its automation efforts and moving the company closer to its ...

1d

WM to shed 1,000 jobs this year as part of $450M savings push, WSJ reports

Waste Management will shed 1,000 jobs this year as part of the company’s goal to cut $450M in costs, reported The Wall Street Journal’s Sabela ...

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