UPS will cut 30K more jobs
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United Parcel Service will cut up to 30,000 operational roles and shut another 24 facilities in 2026, the world's largest package delivery company said on Tuesday, as part of a planned shift toward higher-margin shipments.
UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for full-time drivers.
The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.
Add Yahoo as a preferred source to see more of our stories on Google. The suit, filed in New York by Attorney General Letitia James on Dec. 15, alleges the company intentionally manipulated timekeeping systems to reduce the total number of paid hours for ...
A UPS spokesperson said Worldport hub, ramp and management employees should not report to work for Sunday’s Second Day Air operations.
Amazon slashed 14,000 white-collar jobs in late October, with CEO Andy Jassy stressing the need for the company to eliminate excessive bureaucracy by trimming operational levels and reducing the number of managers.
United Parcel Service said on Tuesday that it plans to cut thousands of operational jobs this year in a move to reduce costs and manage fewer Amazon deliveries. Chief Financial Officer Brian Dykes said in the most recent earnings call that the company will reduce up to 30,