United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly its separation from Amazon has become as competition intensifies in the US delivery market.

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

The company last January said it would accelerate a plan to slash millions of low-profit deliveries for Amazon, ‌its largest customer and a growing rival.

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 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.

United Parcel Service Inc. expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.

Parcel delivery company UPS (NYSE:UPS) reported Q4 CY2025 results exceeding the market’s revenue expectations, but sales fell by 3.2% year on year to $24.5 billion. The company’s full-year revenue guidance of $89.

Shares of United Parcel Service have cratered, but the turnaround effort appears to be working.

The company announced the cuts as it "deploys automation" and moves away from shipments of low-priced goods, officials announced Tuesday.