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UPS to cut another 30,000 jobs as it doubles down on turnaround

UPS aims to save $3 billion by cutting 30,000 operational jobs and closing 24 buildings to pivot away from low-margin Amazon deliveries and boost profitability.

  • On Tuesday, United Parcel Service announced plans to cut 30,000 jobs this year as it winds down its partnership with Amazon under CEO Carol Tomé's turnaround plan.
  • Following last year's workforce reductions, CFO Brian Dykes said United Parcel Service plans to cut approximately 25 million operational hours linked to the Amazon decline, exceeding prior estimates of around 20,000 jobs.
  • UPS said it expects $3 billion in savings related to the Amazon unwind, and reductions will be achieved through attrition and a second voluntary separation program for full-time drivers.
  • On Tuesday, United Parcel Service reported fourth-quarter earnings that beat Wall Street estimates, and shares rose almost 2% in morning trading.
  • Though Amazon was once UPS' largest customer, the companies are ceasing operations together, shown by a UPS truck in Los Angeles on Oct. 28, 2025.
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OAN broke the news in San Diego, United States on Tuesday, January 27, 2026.
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