UPS, Amazon
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UPS plans up to 30,000 job cuts and 24 facility closures in 2026 as it scales back Amazon volume, accelerates automation, and targets higher-margin work.
UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for full-time drivers.
UPS is doubling down on reducing its relationship with Amazon.
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 large workforce reduction marks the third year in a row UPS has significantly cut jobs.
(Fixes bullet point formatting) By Abhinav Parmar and Lisa Baertlein Jan 27 (Reuters) - United Parcel Service will eliminate up to 30,000 jobs and shut another 24 facilities in 2026, the world's largest package delivery company said on Tuesday,
"We are executing the largest network reconfiguration in UPS history," a spokesperson told the Chronicle.
UPS announced during an earnings call on Jan. 27 it plans to lose 30,000 jobs and closed 24 facilities across the company in 2026. Here's what to know
UPS reported its 2025 full-year and fourth-quarter results on Tuesday, Jan. 27, 2026. The company delivered good news, bad news, and great news for investors.
UPS says it has retired its fleet of McDonnell Douglas MD-11 cargo planes just months after one crashed in Louisville, killing 15 people.
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.