UPS Announces Thousands Of Additional Layoffs As Job Cuts Continue
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United Parcel Service (UPS) announced it will slash up to 30,000 operational jobs and shutter at least 24 buildings in 2026. The decision is part of the shipping company's plan to continue pulling back from its partnership with Amazon and expand automation at its facilities. Those job cuts will come in addition to the 48,000 layoffs the company enacted in 2025 - the same year it closed 93 buildings and increased the automation in 57 other facilities. As UPS CEO Carol Tomé reported in the company's earnings call for Q4 2025, all these changes saved the company $3.5 billion in 2025 (via Investing.com ). It was in this same call that Tomé announced the incoming layoffs, and she estimated they will save the company another $3 billion. As for how those 30,000 jobs would be eliminated in 2026, Tomé stated, "This will be accomplished through attrition, and we expect to offer a second voluntary separation program for full-time drivers." She went on to say those 24 buildings slated for closure will likely have their doors shut by June 2026, and more could meet the same fate after that. Read more: 5 Of The Most Gut-Wrenching Gambling Losses In History These layoffs are the latest step of a years-long plan The driving force behind these cutbacks is Tomé's desire for "a more profitable, agile and differentiated UPS," as the CEO put it in a January 2025 earnings call (via a transcript...
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