CNBC

UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan

BBC News

UPS to cut 30,000 jobs as it moves away from Amazon

Axios

UPS to cut 30,000 jobs in pivot away from Amazon

New York Post

UPS will cut 30K more jobs after massive 2025 layoffs as it unwinds Amazon partnership

US Securities and Exchange Commission

UPS RELEASES 1Q 2025 EARNINGS

United Parcel Service

UPS Releases 4Q 2025 Earnings and Provides 2026 Guidance

Teamsters for a Democratic Union

Ups Announces Big Profits Job Cuts

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UPS to cut 30,000 more jobs amid turnaround plan

Metaculus

Drones Deliver 100 Million Parcels By 2050

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"The U.S. mail is not for sale!"

A White House spokesperson said "no such executive order was planned."

The Washington Post

"I think there are a lot of people on both sides of the aisle that would oppose efforts to privatize."

"I am not currently expecting the administration to push that kind of proposal."

"With much more runway ahead of them, they may very well focus on privatization."

"We didn't finish the job in the first term, but we should finish it now."

"Yes"

It's something "we're looking at."

Will USPS Be Privatized?

United Parcel Service (UPS) announced plans to eliminate up to 30,000 operational positions in the delivery company in its Q4 2025 earnings call on Tuesday, despite UPS recording an operating profit of $7.9 billion last year.

United Parcel Service (UPS) announced plans to eliminate up to 30,000 operational positions in the delivery company in its Q4 2025 earnings call on Tuesday, despite UPS recording an operating profit of $7.9 billion last year.

The move is part of the company's decoupling from Amazon, with CEO Carol Tome affirming that UPS will reduce its Amazon deliveries by 1 million pieces per day until the company refigures its networks.

The move is part of the company's decoupling from Amazon, with CEO Carol Tome affirming that UPS will reduce its Amazon deliveries by 1 million pieces per day until the company refigures its networks.

During this period, UPS will cut variable, semi-variable and fixed costs in tandem with the reduced volume, including 25 million operating hours over the course of the year and 24 buildings in the first half of 2026, in addition to the aforementioned 30,000 positions.

During this period, UPS will cut variable, semi-variable and fixed costs in tandem with the reduced volume, including 25 million operating hours over the course of the year and 24 buildings in the first half of 2026, in addition to the aforementioned 30,000 positions.

UPS anticipates it will generate the required job losses and reduced operating hours through attrition alone, but expects to offer full-time drivers a voluntary separation program to help reduce the workforce.

UPS anticipates it will generate the required job losses and reduced operating hours through attrition alone, but expects to offer full-time drivers a voluntary separation program to help reduce the workforce.

The announcement follows job losses of roughly 48,000 in 2025, as well as UPS's closure of 93 buildings that year, which exceeded the company's earlier estimates of 20,000 job cuts and the end of operations at 73 locations.

The announcement follows job losses of roughly 48,000 in 2025, as well as UPS's closure of 93 buildings that year, which exceeded the company's earlier estimates of 20,000 job cuts and the end of operations at 73 locations.

For its 2026 outlook, UPS forecasts revenue of $89.7 billion and a non-GAAP operating margin of 9.6%. The company also expects to spend $3 billion on capital expenditures and pay dividends totaling $5.6 billion, subject to board approval.

For its 2026 outlook, UPS forecasts revenue of $89.7 billion and a non-GAAP operating margin of 9.6%. The company also expects to spend $3 billion on capital expenditures and pay dividends totaling $5.6 billion, subject to board approval.

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United Parcel Service announced plans to eliminate up to 30,000 operational positions in 2026 through attrition and a voluntary separation program for full-time drivers. The company also identified 24 buildings for closure in the first half of 2026.

Wall Street Journal

United Parcel Service announced plans to eliminate up to 30,000 operational positions in 2026 through attrition and a voluntary separation program for full-time drivers. The company also identified 24 buildings for closure in the first half of 2026.

UPS reduced its operational workforce by approximately 48,000 positions in 2025, including about 14,000 management roles and 15,000 fewer seasonal positions, while closing daily operations at 93 facilities.

UPS reduced its operational workforce by approximately 48,000 positions in 2025, including about 14,000 management roles and 15,000 fewer seasonal positions, while closing daily operations at 93 facilities.

The company is in the final six months of reducing its Amazon deliveries, planning to decrease volume by another million pieces per day in 2026. UPS expects approximately $3 billion in total savings related to the Amazon partnership wind-down.

The company is in the final six months of reducing its Amazon deliveries, planning to decrease volume by another million pieces per day in 2026. UPS expects approximately $3 billion in total savings related to the Amazon partnership wind-down.

UPS reported fourth-quarter 2025 profit of $1.79 billion, or $2.10 per share, compared with $1.72 billion in the prior year period. Revenue declined 3.2% to $24.48 billion but exceeded Wall Street expectations of $24.01 billion.

UPS reported fourth-quarter 2025 profit of $1.79 billion, or $2.10 per share, compared with $1.72 billion in the prior year period. Revenue declined 3.2% to $24.48 billion but exceeded Wall Street expectations of $24.01 billion.

The Teamsters union stated that workers still know their worth if UPS brings back its buyout program, saying they are happy for the company to realize cost savings on corporate managers as long as contractual commitments to union members are upheld.

The Teamsters union stated that workers still know their worth if UPS brings back its buyout program, saying they are happy for the company to realize cost savings on corporate managers as long as contractual commitments to union members are upheld.

UPS completed the retirement of its MD-11 aircraft fleet during the fourth quarter of 2025, taking a $137 million write-off. The fleet retirement followed a deadly crash in Louisville, Kentucky in November that killed at least 12 people.

UPS completed the retirement of its MD-11 aircraft fleet during the fourth quarter of 2025, taking a $137 million write-off. The fleet retirement followed a deadly crash in Louisville, Kentucky in November that killed at least 12 people.

UPS delivered exceptional fourth-quarter results with $2.38 adjusted earnings per share while executing a strategic transformation that's positioning the company for sustained margin expansion. The completion of the Amazon volume glide-down marks a critical inflection point, allowing UPS to focus on higher-margin business and achieve remarkable revenue quality improvements with an 8.3% increase in revenue per piece domestically. This disciplined approach generated $3.5 billion in cost savings during 2025.

UPS delivered exceptional fourth-quarter results with $2.38 adjusted earnings per share while executing a strategic transformation that's positioning the company for sustained margin expansion. The completion of the Amazon volume glide-down marks a critical inflection point, allowing UPS to focus on higher-margin business and achieve remarkable revenue quality improvements with an 8.3% increase in revenue per piece domestically. This disciplined approach generated $3.5 billion in cost savings during 2025.

UPS raked in nearly $9 billion in profits for the second consecutive year yet still slashed tens of thousands of jobs, proving this restructuring has nothing to do with financial necessity and everything to do with Wall Street greed. The company dumped $6.4 billion into shareholder pockets and wasted another billion on stock buybacks while eliminating good union jobs. CEO Carol Tome's "better not bigger" strategy prioritizes profit margins over workers who brave brutal conditions to generate those billions.

UPS raked in nearly $9 billion in profits for the second consecutive year yet still slashed tens of thousands of jobs, proving this restructuring has nothing to do with financial necessity and everything to do with Wall Street greed. The company dumped $6.4 billion into shareholder pockets and wasted another billion on stock buybacks while eliminating good union jobs. CEO Carol Tome's "better not bigger" strategy prioritizes profit margins over workers who brave brutal conditions to generate those billions.

Sean M. O'Brien

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

United States of America

Labor

UPS is not slashing jobs to resolve any financial trouble, but to pad the profit margins of Wall Street fat cats after making billions last year. Now, the same company that paid out $6.4 billion to shareholders and another billion on stock buybacks wants to make workers suffer. Their restructuring reveals the extent of their corporate greed and disdain for their workforce.

UPS is not slashing jobs to resolve any financial trouble, but to pad the profit margins of Wall Street fat cats after making billions last year. Now, the same company that paid out $6.4 billion to shareholders and another billion on stock buybacks wants to make workers suffer. Their restructuring reveals the extent of their corporate greed and disdain for their workforce.

The unions have no one to blame for UPS's latest round of job cuts but themselves. After driving wages to reckless levels through their demands and threats, they jeopardized UPS's entire workforce. Time and time again, job losses such as these are the consequence of union bargaining, leaving workers worse off in the long term.

The unions have no one to blame for UPS's latest round of job cuts but themselves. After driving wages to reckless levels through their demands and threats, they jeopardized UPS's entire workforce. Time and time again, job losses such as these are the consequence of union bargaining, leaving workers worse off in the long term.

John Stossel

There is a 60% chance that aerial drones will deliver 100 million or more parcels in the US by 2050, according to the Metaculus prediction community.

There is a 60% chance that aerial drones will deliver 100 million or more parcels in the US by 2050, according to the Metaculus prediction community.

UPS to Cut 30,000 Jobs

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UPS to Cut 30,000 Jobs

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