UPS will cut 30K more jobs
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FedEx and UPS warned of severe weather impacts at key air cargo hubs, while the USPS temporarily halted live cargo shipping.
The UPS layoffs in 2026 are a result of the organization’s dialing down its business with Amazon, duplicating the 48,000 cuts made last year.
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 adds to 2025 job reductions as delivery giant slashes low-profit Amazon deliveries
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 2025 peak parcel season saw fewer shipping delays as a percentage of total volume than during the prior year.
Shares of United Parcel Service have cratered, but the turnaround effort appears to be working.
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UPS layoffs: Delivery giant to slash 30,000 jobs in major cost-cutting drive; who will be impacted?
UPS plans to cut over 30,000 positions as it ends its profitable partnership with Amazon, aiming for strategic transformation by 2026.
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.