economy

January 27, 2026

UPS to slash workforce by up to 30,000 jobs this year

Updated on: January 27, 2026 / 10:34 AM EST / CBS News

UPS to slash workforce by up to 30,000 jobs this year

TL;DR

  • UPS plans to cut up to 30,000 jobs.
  • Cost-cutting measures include attrition and a voluntary separation program for full-time drivers.
  • Plans to close two dozen buildings in the first half of 2026.
  • Efforts to deploy automation across the network are also planned.

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