UPS said it will slash up to 30,000 jobs this year and close at least 24 facilities, as the logistics group reckons with a decrease in package volume from Amazon, its largest customer.
The job cuts, representing about 6 per cent of UPS’s global workforce, will target workers responsible for handling and delivering packages. It follows the 20,000 positions it said it was scrapping last year. The company closed 93 facilities in 2025.
The redundancies are intended to boost efficiency, after UPS said last year it had reached an agreement in principle with Amazon to more than halve the volume of packages it delivers for the ecommerce giant by the second half of 2026.
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