UPS continues to lean into a strategy positioning it for long-term growth—one that required shrinking its decades-long partnership with Amazon. The package-delivery giant (No. 47 on the Fortune 500) beat Wall Street expectations for the third quarter,

Amazon (AMZN) confirmed it will cut 14,000 corporate jobs, while UPS (UPS) lays off 34,000 workers. Yahoo Finance Senior Reporter Brooke DiPalma examines the workforce reductions and what they signal about the US economy.

A spate of high-profile corporate layoff announcements in recent days has sparked talk on whether the end of the “low-fire, low-hire” labor market is here. If so, it could be an ominous sign for the U.S. economy, which has been made more vulnerable due to trade wars and a government shutdown.

Plus why you should take side quests at work, how workers are using AI to fake expense reports and the best employers for engineers in this week's Careers newsletter.

From Amazon to Target, major corporations are announcing massive layoffs ahead of the holidays. Here's what to know about the mass layoffs.

The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be in the works.

Thousands of workers are falling victim to job cuts at Amazon, UPS, Nestlé, and other large companies, in an economy defined by uncertainty, AI, and global tensions.

Here's what to know about the layoffs at Amazon, UPS, Target and other employers.

In a move shaking the global shipping landscape, UPS has announced it will cut Amazon's shipping volume by more than half by late 2026, ending a decades-long partnership that once accounted for roughly 11.