Milan, Jan. 27 (LaPresse) – UPS plans to cut up to 30,000 operational jobs this year, as the parcel delivery company continues its reorganization efforts and reduces the number of Amazon shipments it handles. Chief Financial Officer Brian Dykes said during the company’s conference call that the job cuts will be carried out through a voluntary buyout offer for full-time drivers and through attrition. UPS is also seeking to close 24 buildings in the first half of the year and is evaluating the closure of additional buildings over the course of the year, he added. UPS said in a regulatory filing submitted in October that it had cut about 34,000 operational jobs and shut down daily operations in 93 leased and owned buildings during the first nine months of last year. The company also announced about 14,000 job cuts, mainly within management. According to FactSet, UPS employs about 490,000 workers. In April, UPS announced that it intended to cut about 20,000 jobs and close more than 70 facilities, drastically reducing the number of Amazon shipments handled. In January 2025, the company said it had reached an agreement with Amazon, its main customer, to reduce shipment volumes by more than 50% by the second half of 2026. During the conference call, Chief Executive Officer Carol Tome said that by the end of 2025 UPS had reduced Amazon volume in its network by about 1 million pieces per day. “We are in the final six months of our accelerated Amazon reduction plan and, for the full year 2026, we intend to reduce by another million pieces per day, while continuing to reconfigure our network,” Tome said. United Parcel Service shares rose 3.1% in afternoon trading.
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