United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan.
CFO Brian Dykes said on a call with analysts Tuesday following the company’s quarterly earnings release that UPS plans to reduce total operational hours by approximately 25 million associated with the Amazon decline.
“In terms of variable costs, we expect to reduce operational positions by up to 30,000,” Dykes said. “This will be accomplished through attrition, and we expect to offer a second voluntary separation program for full-time drivers.”
RandyMarsh
Article URL : https://www.cnbc.com/2026/01/27/ups-job-cuts-amazon-unwind-turnaround-plan.html