UPS will cut 30K more jobs
Digest more
The company said in its fourth-quarter 2025 earnings report it plans to cut another 30,000 positions globally and close an additional 24 facilities by year’s end. The move comes as the company makes the shift to dial back shipments from Amazon, a strategic plan it first unveiled as a multi-year effort in 2024.
UPS' turnaround strategy is starting to pay dividends.
UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for full-time drivers.
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.
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.
The shipping courier faces daunting near-term headwinds.
Analysts expect the Atlanta, Georgia-based company to report quarterly earnings at $2.2 per share, down from $2.75 per share in the year-ago period. The consensus estimate for United Parcel Service's quarterly revenue is $24.01 billion, versus $25.3 billion a year earlier, according to data from Benzinga Pro.
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.