UPS to Cut Up to 30,000 Jobs by 2026 Amid Profitability Push; Shares Rise on Strong Outlook

UPS (UPS) announced on January 27, 2026, it will cut up to 30,000 operational jobs by 2026 as part of its ongoing restructuring to prioritize higher-margin shipments. The logistics giant also raised its full-year revenue guidance after reporting better-than-expected Q4 results. The company reported Q4 revenue of $24.5B, beating estimates of $24B, with adjusted EPS of $2.38 versus $2.20 expected. UPS forecasts 2026 revenue of $89.7B, above consensus, and targets an adjusted operating margin of 9.6%. The job reductions, achieved through attrition and voluntary buyouts, follow 48,000 layoffs and 93 site closures in 2025. UPS is reducing low-margin business from clients like Amazon (AMZN) to improve profitability. Despite the layoffs, UPS shares rose 2.43% to $109.57 intraday, supported by strong financial performance and strategic shifts toward premium shipments.