The United Parcel Service, more commonly known as UPS, announced Tuesday that it was planning to eliminate an additional 30,000 jobs in 2026. The company eliminated about 48,000 jobs in 2025, 34,000 of which were operational and 14,000 of which were management.

The parcel major reported stable earnings and margins in the final quarter while setting cautious revenue and profit targets for 2026.

United Parcel Service announced Tuesday about 30,000 job cuts this year as the company winds down its partnership with Amazon as part of an intense cost-cutting agenda — and after cutting tens of thousands of jobs just last year.

UPS reports robust financial performance with strategic initiatives driving revenue and efficiency gains, despite facing macroeconomic challenges.

UPS announced it will eliminate an additional 30,000 jobs as it winds down its partnership with Amazon.

The large workforce reduction marks the third year in a row UPS has significantly cut jobs.

The company beat on both the top and bottom lines in its final quarter of last year.

United Parcel Service will eliminate up to 30,000 jobs and shut another 24 facilities in 2026, the world’s largest package delivery company said on Tuesday, as it reduces deliveries for Amazon.com in an ongoing shift toward more profitable business.