UPS on Tuesday said it would eliminate an additional 30,000 frontline jobs and at least 24 facilities as part of a multiyear strategy to recharge growth through a planned decoupling from Amazon and downsizing of its parcel delivery network to match lower volume flow.
Release Date
01/27/2026
Last year, the company eliminated 48,000 jobs, launched driver buyouts and closed operations at 93 buildings, targeting about $3 billion in savings this year.
UPS had about 490,000 employees with nearly 78,000 in management, according to its 2024 annual report.
The company is also looking to rebuild its profitability and stabilize volumes following the end of U.S. duty-free, “de minimis” low-value, e-commerce shipments.
