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Sandy Springs-based United Parcel Service had 500 employees relocated to their corporate headquarters or an office in Alpharetta after the closure of another office in Sandy Springs.
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Putting those figures into context, UPS revenue was about $91 billion in 2023 (making healthcare 11% of revenue), and Wall Street expects its sales to be $87.8 billion in 2026. As such, healthcare revenue could grow to 22.7% of revenue in 2026 -- a significant shift.
On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS history."
The parcel giant said it will offer voluntary buyouts to its full-time drivers as part of the largest company restructuring in its history.
Shares in United Parcel Service (UPS -1.61%), more commonly known as UPS, declined by 20% in the first half of 2025, according to data provided by S&P Global Market Intelligence.
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Rough Draft Atlanta on MSNUPS closes Sandy Springs office building, relocates 500 employeesUPS closed its office building at 35 Glenlake Parkway in Sandy Springs and relocated approximately 500 employees to its headquarters next door and an Alpharetta location. In its earnings call in April,
UPS is consolidating its corporate real estate as it also closes operational facilities across the United States amid a slowdown in shipping revenue.
Blackstone said on Thursday it had raised its offer to buy Warehouse REIT to 115 pence per share, valuing the British firm at about 489 million pounds ($665.6 million).
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How Many Push Ups should you be able to do? Amount sorted by ageHave you ever heard that completing 40 push-ups a day can significantly lower the risk of cardiovascular disease? Push-ups are an effective and simple way to measure upper body strength and endurance.