A worker drives a United Parcel Service (UPS) truck in Los Angeles, California, on October 28, 2025.
Tama Mario | Getty Images
united parcel service announced on Tuesday that it plans to cut another 30,000 jobs this year as part of ending its partnership with China. Amazon and a multi-year revitalization plan.
Chief Financial Officer Brian Dykes said Tuesday on a conference call with analysts after the company’s quarterly results that UPS plans to reduce its total operating hours by about 25 million hours related to Amazon’s decline.
“From a variable cost perspective, we expect to eliminate up to 30,000 operational positions,” Dykes said. “This will be achieved through headcount reduction and we will be offering a second voluntary redundancy program for full-time drivers.”
UPS has also identified 24 buildings scheduled to close in the first half of 2026, and said additional closures could occur later this year. UPS reiterated Tuesday that it closed 93 buildings last year.
Dykes said the company also plans to “deploy more automation” across its network.
The planned job cuts come after UPS cut 48,000 jobs last year, including 34,000 in operations and 14,000 in administrative roles. The company previously estimated these cuts would total about 20,000 jobs.
In a statement Tuesday, a Teamsters representative said union members “still know.” [their] It would be worth it if UPS reinstated the buyback program.”
“We are perfectly happy that UPS will grow and reduce costs with the support of company management, as long as company management honors its contractual commitments to our members and rewards the Teamsters who actually run the company,” the statement said.
UPS is moving forward with a restructuring plan aimed at revitalizing its business under CEO Carol Tomé. Amazon used to be UPS’s biggest customer, but the two companies are working together to get the business going. UPS announced Tuesday that it expects to save a total of $3 billion related to Amazon’s rollback.
UPS reported fourth-quarter profits on Tuesday that beat Wall Street expectations and cited positive processes in its turnaround efforts.
The company’s shares rose 4% in morning trading.
