UPS to Trim Workforce to Reduce Amazon Deliveries: What Lies Ahead?

Key Takeaways UPS plans to cut Amazon deliveries by over 50% by June 2026 to boost overall profitability. UPS will eliminate up to 30,000 jobs and close 24 more facilities as part of its cost-cutting strategy. UPS targets $3B in savings by 2026 through automation and reduced reliance on low-margin Amazon volumes. In 2025, United Parcel Service’s (UPS) management had reached an agreement in principle with Amazon. com (AMZN) to reduce the e-commerce giant’s volume by more than 50% by June 2026. CEO Carol Tome ...