UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
Published on: Jan. 28, 2026, 7:24 a.m. | Source: CNBC TV18
United Parcel Service or UPS will eliminate up to 30,000 jobs and shut another 24 facilities in 2026, the world's largest package delivery company said on Tuesday, as it reduces deliveries for Amazon in an ongoing shift toward more profitable business.
