UPS to cut 30,000 jobs
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The United Parcel Service, more commonly known as UPS, announced Tuesday that it was planning to eliminate an additional 30,000 jobs in 2026. The company eliminated about 48,000 jobs in 2025, 34,000 of which were operational and 14,000 of which were management.
United Parcel Service announced Tuesday about 30,000 job cuts this year as the company winds down its partnership with Amazon as part of an intense cost-cutting agenda — and after cutting tens of thousands of jobs just last year.
United Parcel Service will eliminate up to 30,000 jobs and shut another 24 facilities in 2026, the world’s largest package delivery company said on Tuesday, as it reduces deliveries for Amazon.com in an ongoing shift toward more profitable business.
Courier giant to cut overall operating hours by about 25 million due to reduction at Amazon, CEO Brian Dykes says - Anadolu Ajansı
The company beat on both the top and bottom lines in its final quarter of last year.
UPS reports robust financial performance with strategic initiatives driving revenue and efficiency gains, despite facing macroeconomic challenges.
The parcel major reported stable earnings and margins in the final quarter while setting cautious revenue and profit targets for 2026.
UPS is planning to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the number of Amazon shipments that it handles.
Parcel delivery company UPS (NYSE:UPS) reported Q4 CY2025 results exceeding the market’s revenue expectations, but sales fell by 3.2% year on year to $24.5 billion. The company’s full-year revenue guidance of $89.
The company last January said it would accelerate a plan to slash millions of low-profit deliveries for Amazon, its largest customer and a growing rival.