UPS to chop 30,000 jobs, shut 24 services in 2026 

United Parcel Service (UPS), one of many largest delivery and logistics corporations in america, has introduced plans to chop 30,000 jobs and shut 24 services within the first half of 2026.

The announcement was disclosed by UPS Chief {Financial} Officer Brian Dykes throughout the firm’s earnings name on January 27.

He attributed the deliberate cuts to weaker fourth-quarter efficiency, pushed partly by falling bundle volumes from Amazon and the affect of the UPS Flight 2976 crash in Louisville on November 4, 2025.

Based on Dykes, UPS has been actively lowering its reliance on Amazon, concentrating on a 50 % discount within the quantity of packages it handles from the retailer by the second half of 2026.

“We plan to scale back whole operational hours by roughly 25 million hours. We count on to scale back operational positions by as much as 30,000,” he mentioned

“We’re making cautious choices to place UPS for long-term competitiveness. These adjustments, although troublesome, are aimed toward aligning our workforce with the present quantity developments and expertise investments,” he mentioned.

UPS’s 2026 job cuts are a part of a broader multi‑yr restructuring plan that started nicely earlier than this week’s announcement.

In its fourth quarter of 2025, UPS reported consolidated income of $24.5 billion, down 3.2 % in comparison with the identical interval in 2024. Full-year income for 2025 was down by $2.4 billion in comparison with 2024.

A number of main corporations are lowering workers as they modify to market pressures, automation, and strategic shifts in focus.

Meta introduced it deliberate to chop over 1,000 jobs from its Actuality Labs division because it shifts its funding away from metaverse merchandise.