UPS is leaning into automation to cut costs.

The company also said it had identified 24 buildings for closure during the first half of 2026 and increase automation.

Parcel delivery company UPS (NYSE:UPS) reported Q4 CY2025 results topping the market’s revenue expectations, but sales fell by 3.2% year on year to $24.48 billion. The company’s full-year revenue ...

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and ...

Public filings and earnings reports show that UPS slashed its workforce by eliminating 48,000 jobs in 2025 and that another ...

UPS announced during an earnings call on Jan. 27 it plans to lose 30,000 jobs and closed 24 facilities across the company in ...

Amidst falling consumer confidence - the Conference Board’s Consumer Confidence Index fell to its lowest level since 2011 - United Parcel Service (NYSE: UPS) announced it is laying off 20,000 workers.