United Parcel Service plans to eliminate 30,000 jobs in 2026 as it untangles its partnership with Amazon, signaling another year of deep job cuts in a bid to turn around its business.
The shipper will also shutter 24 buildings in the first half of the year, UPS Chief Financial Officer Brian Dykes said Tuesday in a call with investors. The moves are projected to achieve $3 billion in savings, he said.
