UPS looks to cut up to 30,000 jobs in 2026

The United Parcel Service (UPS) is planning to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the number of Amazon shipments that it handles.

Chief Financial Officer Brian Dykes said during the company's conference call Tuesday that the staffing cuts will be made through a voluntary buyout offer for full-time drivers and through attrition...