How many jobs will UPS cut in 2025?

UPS plans to cut approximately 30,000 jobs in 2025, representing over 4% of its global workforce.

Why is UPS reducing its workforce?

UPS is reducing its workforce as a cost-cutting measure, largely due to a strategic decision to scale back its deliveries for Amazon.

What other measures is UPS taking to save money?

In addition to job cuts, UPS plans to close 24 buildings in the first half of 2025 and increase automation to save an estimated $3 billion by 2026.

Home / Business and Economy / UPS Slashes 30,000 Jobs Amid Amazon Delivery Cut

UPS Slashes 30,000 Jobs Amid Amazon Delivery Cut

28 Jan

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Summary

UPS plans to cut 30,000 jobs, over 4% of its workforce.
Cost-cutting initiative linked to reduced Amazon delivery volume.
Company aims to save $3 billion by 2026 through layoffs and automation.

UPS Slashes 30,000 Jobs Amid Amazon Delivery Cut

United Parcel Service (UPS) is set to implement substantial workforce reductions, planning to eliminate approximately 30,000 jobs in 2025. This move, affecting over 4% of its global workforce, is primarily a cost-cutting measure directly linked to the company's strategic decision to reduce its business relationship with Amazon. UPS experienced a significant drop in package volume, with average daily volumes decreasing by 2 million pieces.

In addition to job cuts, UPS will close 24 buildings in the first half of 2025, with more closures anticipated later in the year. These actions, combined with increased automation, are projected to save the company around $3 billion by 2026. This marks the third consecutive year of workforce reduction for UPS, following a voluntary separation program for full-time drivers in 2025.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.