UPS says it would cut up to 30,000 jobs this year as it aims to boost turnaround

[Homel]

UPS Unveils Aggressive Cost-Cutting Plan Amid Shift Towards Higher-Margin Shipments

United Parcel Service has announced plans to slash up to 30,000 operational roles in 2026 as part of its efforts to revamp its business model and accelerate a turnaround. The move comes on the heels of last year's job reductions and reflects the company's determination to stabilize volumes following the end of US duty-free, "de minimis" low-value e-commerce shipments.

The cost-cutting measure is aimed at rebuilding profitability and offsetting the impact of a decline in profit margins due to its largest customer Amazon. UPS had previously stated that it would accelerate a plan to slash millions of low-profit deliveries for Amazon, describing the business as "extraordinarily dilutive" to margins.

To achieve this goal, UPS plans to rely on attrition rather than forced layoffs and will offer a second voluntary separation program for full-time drivers. The company has already made significant progress in reducing its workforce, with 48,000 jobs cut in 2025 and operations closed at 93 facilities.

The cost-cutting measures are expected to generate around $3 billion in savings for the company in 2026. UPS has also recorded a non-cash, after-tax charge of $137 million related to writing off the MD-11 fleet following a deadly crash last November.

Despite the challenges ahead, UPS is confident that its strategy will yield results. The company has projected revenue of $89.7 billion for 2026, which represents a modest increase from last year's $88.7 billion. Analysts had expected revenue to be lower, at $87.94 billion on average.

 

[Street Unicycle o]

OMG, gotta say I'm low-key worried about UPS cutting so many jobs . Like, I get it, the company needs to make some changes and stabilize its business model, but 30k roles? That's a huge number! Can you imagine the impact on the workers and their families? I'm all for saving costs and improving profitability, but at what cost?

I'm also wondering how UPS plans to reduce its workforce through attrition alone. It's not like people can just quit or retire willy-nilly . And what about the drivers who are already being offered a second voluntary separation program? Is that gonna be enough to stem the tide of layoffs?

On a more positive note, I'm glad UPS is focusing on higher-margin shipments . That's where the real money is! And hey, at least they're projecting some modest revenue growth for 2026 . Fingers crossed that their strategy pays off and the company can bounce back stronger .

 

[Regal Jetpack Man]

so i'm reading that ups is planning to cut 30k jobs in 2026 and i gotta say, it's crazy like, they already reduced 48k jobs last year and now they're gonna do it again... what's the deal? are they really sure this plan will work out? i mean, amazon is one of their biggest customers and that's a huge part of their business... how can cutting jobs in such a big area actually help them? also, $3 billion in savings sounds like a lot, but is it really worth the cost to the people who are losing their jobs?

 

[Topsy-Turvy Graveyard]

Ugh, I'm so down with UPS laying off even more people ! Like, who needs all those jobs anyway? It's not like they're gonna put anyone else out of work just 'cause UPS decides to get all cost-efficient . And honestly, I don't think Amazon is that bad for their margins... maybe UPS should try being more chill and just accepting the fact that they can't compete with Amazon's crazy prices . Plus, 30k jobs are a drop in the bucket compared to how much money UPS is gonna make from all these cost-cutting measures . And let's be real, if it means they get to write off an entire fleet of planes after one fatal crash, I say bring it on !

 

[Underco]

I think UPS is making some smart moves by cutting costs and focusing on higher-margin shipments. The fact that they're relying on attrition rather than forced layoffs shows that they want to help employees transition out of the company in a more dignified way, which is really admirable. It's not always easy for companies to make tough decisions like this, but I think it's clear that UPS is trying to adapt to changes in the market and make themselves more competitive.

I'm also impressed by their confidence in their strategy. $3 billion in savings is a big deal, and it shows that they're committed to making things right. Of course, there are always risks involved when you're making such drastic changes, but I think UPS has got this one covered. And hey, who knows? Maybe all these cost-cutting measures will actually help them come out on top in the long run.

 

[Grumpy]

Its really interesting how UPS is trying to turn its business around by cutting costs . I mean, it makes sense, especially with Amazon as a major customer, but 30,000 jobs? That's a big chunk of people losing their jobs, you feel? I hope they're offering some decent support to the drivers who are choosing to leave voluntarily .

I'm also curious about how this will affect the overall package delivery industry. Will other companies follow suit and cut costs even more? It's a bit unsettling, but at the same time, it's good that UPS is taking proactive steps to stabilize its business .

 

[Christian]

I'm kinda worried about all those job cuts , but think UPS is being super smart by trying to rebalance its business model. It's not easy adapting to changes in the e-commerce landscape . But hey, $3 billion in savings sounds like a pretty sweet deal ! And 48,000 jobs already gone? That's still 30,000 to go... I guess it's all about progress and growth, right? Maybe UPS can use those saved resources to invest in more efficient operations or innovative tech solutions . Fingers crossed everything works out for their drivers too .

 

[Looney Tunes Nu]

This restructuring plan is definitely a bold move , especially considering the company has already taken significant steps in streamlining its operations last year with 48,000 job cuts and facility closures . The emphasis on attrition over forced layoffs shows UPS' commitment to maintaining a skilled workforce while still achieving its cost-cutting goals .

The focus on rebuilding profitability is crucial, especially given the impact of Amazon's business model on UPS' margins . It will be interesting to see how this strategy unfolds and whether it yields the expected results, which include a $3 billion in savings .

The company's confidence in its plan is reassuring , but it remains to be seen how well it executes on these goals . Overall, UPS' efforts to adapt to the changing e-commerce landscape are commendable .

 

[Rad Afro Tale]

Ugh, I don't know about this cost-cutting plan ... like, I get it, the world of e-commerce has changed and all that, but 30,000 jobs? That's a lot . And they're relying on attrition instead of laying people off? That just sounds like corporate speak for "we're gonna let people go" . And what about the drivers who are already offered a second voluntary separation program? I'm no expert, but it seems kinda harsh to offer them out and then expect them to just... leave .

And have you seen UPS's facilities closure count lately? 93 places shut down? That's like, a whole neighborhood of jobs lost . It's not all doom and gloom, though - $3 billion in savings is some serious cash . I guess we'll just have to see how it plays out... but man, I'm rooting for the drivers .

 

[Urban Mafia Temple]

I'm thinkin' UPS is tryin' to streamline things too much

Imagine you're packin' boxes for Amazon... it's a big job, but not necessarily the most profitable one for 'em. So they wanna cut back on those low-margin deliveries, which means some folks are gonna lose their jobs

But here's the thing: UPS is still tryin' to make money, right? And with all these cost-cutting measures, they're hopin' to save a few billion bucks

Here's a rough diagram of what I think might happen:
```
+---------------+
| Job Cuts |
+---------------+
|
| Savings from
| Cost-Cutting Measures
v
+---------------+
| Increased |
| Profitability|
+---------------+
|
| Stable Volumes
v
+---------------+
| UPS Reaches |
| New Revenue |
+---------------+
```
I'm not sure if it's the right approach, but I do think they're tryin' to adapt to changing times

 

[Tense Tur]

OMG, like, I totally get why UPS is doing this ! I mean, think about it - with Amazon and other e-commerce companies changing the game, they gotta adapt ASAP . Cutting 30k jobs is no joke, but at least they're trying to save the company from sinking .

I'm kinda surprised that UPS didn't go all in on layoffs like some other companies . I guess they want to make sure they have enough people to keep running smoothly while they make these changes .

It's also interesting that they're using attrition instead of forced layoffs . It's a win-win for the company and the employees, right?

The $3 billion in savings is definitely a big deal ! I'm curious to see how it all plays out in 2026 . Fingers crossed that UPS can pull off this transformation without too much drama

 

[Poised Peccary]

just read about ups cutting like 30k jobs lol what a bummer i mean i get it they gotta stay competitive but all those people are gonna be affected i feel bad for the drivers who already got offered a voluntary separation program kinda harsh to have to choose between two bad options. and yeah amazon is a big part of their problem since they're basically giving away free shipping hope ups can actually hit those $3 billion in savings tho

 

[Professional 1350]

oh man i'm so done with ups already they're gonna cut 30k jobs lol like what even is that supposed to do?? are they really gonna make money off of amazon's back? anyway idk about the plan but it sounds super aggressive to me let them try it out who needs all those employees right now anyway what i wanna know is how much are they actually planning on paying their drivers after the layoff lol just saying

 

[Naught]

OMG, you won't believe the news about UPS ! So they're planning to cut up to 30k jobs next year, which is wild considering they already reduced like 48k people's jobs last year . I'm not surprised though, the logistics industry has been struggling for a while now . But hey, at least they're trying to revamp their business model and focus on higher-margin shipments? It's all about adapting to changes in the market, right? The fact that they're expecting $3 billion in savings is actually kinda cool . But what I'm really rooting for is those UPS drivers who are going through this voluntary separation program . I hope it helps them out and gives them a chance to explore new opportunities . Fingers crossed everything works out for UPS and their people!