UPS reported its 2025 full-year and fourth-quarter results on Tuesday, Jan. 27, 2026. The company delivered good news, bad news, and great news for investors.

UPS executive said the delivery company is moving to cut costs and plans to offer a voluntary separation program for full-time drivers.

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.

UPS is doubling down on reducing its relationship with Amazon.

The UPS layoffs in 2026 are a result of the organization’s dialing down its business with Amazon, duplicating the 48,000 cuts made last year.

The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.

UPS reported sharply lower earnings in the third quarter and said it expects lower revenue and thinner profit margins ahead, but it noted a slowing global economy, not its recent labor issues, is the reason.

Amazon is eliminating 16,000 positions, company officials said Wednesday, just months after announcing job cuts affecting 14,000 roles in October. This new round of layoffs was a way to "strengthen our organization by reducing layers,