Snapshot 4:Wed, Jan 28, 2026 10:46:00 AM GMT last edited by Mr Bot

UPS to Cut 30,000 Jobs, Close Facilities Amid Restructuring

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The Spin

UPS delivered strong financial results with $8.5 billion in cash flow and nearly $9 billion in profits while successfully executing its strategic transformation. The company's "better not bigger" approach, including the Amazon volume reduction and network modernization, positions UPS for sustained margin expansion and long-term competitiveness. Workforce adjustments of 30,000 positions reflect necessary operational efficiency improvements that will generate $3 billion in savings.

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UPS raked in nearly $9 billion in profits for the second straight year yet chose to slash 30,000 jobs while showering shareholders with $6.4 billion and wasting another billion on stock buybacks. Corporate greed drives these cuts, not financial necessity, as executives prioritize Wall Street profit margins over the workers who brave brutal conditions to generate those billions. Contract enforcement and unity remain the only defense against this shareholder-first agenda.

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