UPS Plans Major Job Cuts Amid Amazon Partnership Scale-Back
Following the release of the company’s quarterly earnings report, CFO Brian Dykes informed investors that UPS plans to reduce total operating hours by approximately 25 million, reflecting the decreased workload from Amazon.
“In terms of variable costs, we expect to reduce operational positions by up to 30,000,” Dykes stated. “This will be accomplished through attrition, and we expect to offer a second voluntary separation program for full-time drivers.”
Moreover, UPS reported that 24 facilities are slated to close during the first half of 2026, with the possibility of additional closures later in the year. The company also confirmed that it shut down 93 buildings in the previous year.
Dykes added that the company plans to "further deploy automation" across its network, signaling an ongoing shift toward technology-driven operations.
These upcoming layoffs follow UPS’s reduction of 48,000 roles last year, which included 14,000 management positions and 34,000 operational jobs. The company had initially forecast that the total cuts would amount to roughly 20,000 positions.
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