UPS says it would cut up to 30,000 jobs this year as it aims to boost turnaround

United Parcel Service adds to 2025 job reductions as delivery giant slashes low-profit Amazon deliveries

United Parcel Service on Tuesday said it would cut up to 30,000 operational roles in 2026, adding to last year's job reductions as the delivery giant looks to accelerate a turnaround fueled by a pivot to higher-margin shipments.

The company also beat Wall Street estimates for quarterly results in the all-important holiday period and forecast a surprise rise in annual revenue.