United Parcel Service on Tuesday said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate a turnaround fueled by a pivot to higher-margin shipments.
The company also beat Wall Street estimates for quarterly results in the all-important holiday period and forecast a surprise rise in annual revenue.
UPS in January last year said it would accelerate a plan to slash millions of low-profit deliveries for Amazon, its largest customer and a growing delivery rival, calling the business “extraordinarily dilutive” to margins.
The workforce reduction will “be accomplished through attrition and we expect to offer a second voluntary separation program for full-time drivers”, chief financial officer Brian Dykes said on a post-earnings call.
The company’s shares were down 1% in premarket trading.




A man was tackled to the ground after spraying Rep. Ilhan Omar (D-Minn.) with an unknown substance during a town hall in her district on Tuesday.
News that a unit of U.S. Immigration and Customs Enforcement would be present during the upcoming Winter Games has set off concern and confusion in Italy, where people have expressed outrage at the inclusion of an agency that has dominated headlines for leading the Trump administration’s immigration crackdown.
Israeli forces have killed a Palestinian man and arrested at least 11 others during raids across the occupied West Bank, Palestinian officials said.
The so-called Board of Peace that President Donald Trump officially launched in Davos, Switzerland last week is developing sweeping plans for a U.S.-backed administration to rule Gaza, according to a draft of the Board’s resolution.
Minnesota officials are rebuffing a series of demands from U.S. Attorney General Pam Bondi, as the state continues its clash with the Trump administration over the surge of federal immigration enforcement in the North Star state.
A top Republican candidate for Minnesota governor has dropped out of the race, sharply criticizing what he called a “federal retribution on the citizens of our state” amid the Trump administration’s intensified immigration enforcement operations – which sparked public outrage after US agents’ killings ofAlex Pretti and Renee Good in Minneapolis.





























