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flag UPS to cut up to 30,000 jobs in 2026, mainly drivers, to reduce reliance on Amazon.

flag As part of a significant reorganization to lessen dependency on Amazon, its biggest client, UPS intends to eliminate up to 30,000 operational positions in 2026 through attrition and voluntary buyouts, mostly among full-time drivers. flag The action comes after 93 facility closures and 48,000 job cuts in 2025, with 24 more facilities scheduled to close in early 2026. flag By focusing on higher-margin business, the company hopes to reduce shipments related to Amazon by an additional million packages every day. flag UPS increased its revenue outlook for 2026 to $89.7 billion after reporting impressive fourth-quarter results that exceeded revenue and earnings projections. flag Following the announcement, the stock increased.

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