We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal 2022 ...

Over a dozen federal agencies have offices in the Philly area. Understanding what they do can highlight how mass layoffs and ...

UPS employee Armando Garcia, 37, was arrested for the high-value theft involving luxury goods and electronics.

UPS also cut staff last year. In April 2024 the shipping giant closed its North Portland sorting warehouse. In the process it ...

Despite headlines suggesting that five days a week in the office is the new normal, 98% still offer remote or hybrid policies ...

The layoffs likely stem from a March 27 announcement from the US Department of Health and Human Services, which said DOGE would be restructuring the department.

As part of his 10-year plan, DeJoy—a former logistics-firm chief and Trump megadonor—also sharply cut employee overtime, ...

President Trump has described his new in-office requirement as a way to ensure workers are doing their jobs. He sees ...

The new pay package for interim CEO J. Michael Shepherd includes a $2.4 million bonus if the deal closes by June 30.

The federal human-resources agency leading efforts by billionaire White House adviser Elon Musk to slash the federal ...

Amaranth adds that in past periods of austerity, government employment has declined by 4,000 to 10,000 per month. In a report last week, Wells Fargo economists said their best guess is that federal ...