UPS will cut 30K more jobs
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United Parcel Service will cut up to 30,000 operational roles and shut another 24 facilities in 2026, the world's largest package delivery company said on Tuesday, as part of a planned shift toward higher-margin shipments.
UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for full-time drivers.
The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.
Add Yahoo as a preferred source to see more of our stories on Google. The suit, filed in New York by Attorney General Letitia James on Dec. 15, alleges the company intentionally manipulated timekeeping systems to reduce the total number of paid hours for ...
A UPS spokesperson said Worldport hub, ramp and management employees should not report to work for Sunday’s Second Day Air operations.
Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools.
United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly its separation from Amazon has become as competition intensifies in the US delivery market.