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Shipping giant to lay off 30,000 – share price lifts

From: Editorial department
– 28 January 2026

Photo:UPS

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The American shipping company UPS plans to cut up to 30,000 jobs in 2026 in connection with the termination of its collaboration with Amazon.

This was stated by the company's CEO Brian Dykes during the report presentation for the fourth quarter, according to CNBC.

The cuts come after UPS reduced its workforce by 48,000 jobs last year.

UPS shares rise nearly 3 percent in US pre-market trading.

Source: Nyhetsbyrån Direkt-di.se

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