US EditionUPS to Cut 30K Jobs
UPS focuses cuts on delivery and warehouse roles due to unprofitable Amazon volumes and tariffs on China shipments, aiming to save $3 billion with 24 facility closures.
- On Tuesday, UPS Chief Financial Officer Brian Dykes announced the company will cut up to 30,000 operational positions in 2026 through attrition and a voluntary separation program for full-time drivers.
- UPS officials last year said the Amazon business was not profitable despite accounting for 12% of revenue, while tariffs by President Donald Trump reduced China-origin package volume.
- By the numbers, UPS cut 48,000 positions in 2025, including 15,000 fewer seasonal roles, and plans to close 24 locations in the first half of this year.
- UPS expects to save $3 billion by reducing Amazon volume, but Teamsters union spokesperson Kara Deniz said members will reject the buyout offer and criticized management.
- Dykes signaled further automation by saying `Plus, we plan to further deploy automation across the network`, UPS retired its MD-11 cargo planes at a $137 million cost after a November crash, having previously closed 93 facilities and added automation in 57.
14 Articles
14 Articles
UPS job cuts: 30,000 positions shed in move away from Amazon
Pulling Back From Amazon, UPS Will Cut Up to 30K Jobs
United Parcel Service is getting smaller again. The package giant said on Tuesday that it expects to eliminate up to 30,000 jobs in 2026, largely in delivery and warehouse roles, as it pushes to cut costs and improve profits. That follows a far bigger reduction last year, when UPS shed 62,000…
UPS to cut 30,000 jobs as it accelerates shift away from Amazon deliveries – Your Capital Minds
UPS has announced plans to cut up to 30,000 jobs this year as it continues to reduce deliveries for its largest customer, Amazon, which the parcel giant says have been weighing heavily on profitability. The world’s largest package delivery firm said the job reductions would be achieved primarily through voluntary buyout offers to full-time drivers and by not replacing staff who leave the business. The move forms part of a broader turnaround stra…
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