(LOOTPRESS) – United Parcel Service (UPS) and Amazon have both announced significant workforce reductions this week, underscoring ongoing adjustments in logistics and technology sectors.
UPS Plans to Eliminate 30,000 Jobs
UPS said it will cut up to 30,000 jobs in 2026, representing about 6% of its global workforce, as part of a broader strategy to reduce costs and scale back operations tied to decreased shipping volumes from key customers.
The job reductions follow substantial workforce cuts in 2025 and include the planned closure of at least 24 facilities this year. UPS executives have described the cuts as part of a transition toward more profitable business areas and increased automation.
The company expects most reductions to occur through attrition and voluntary separation programs rather than involuntary layoffs. UPS also reported stronger-than-expected revenue in its most recent quarter despite the workforce cuts.
UPS’s ongoing reduction in volume from large customers, including Amazon, has been a factor in its decision to scale back operations. The company previously eliminated tens of thousands of jobs in 2025 amid facility closures and restructuring efforts.
Amazon to Cut 16,000 Jobs in Second Round of Layoffs
On Wednesday, Amazon confirmed it will cut approximately 16,000 corporate positions worldwide, marking its second major round of layoffs in three months. The new cuts follow earlier reductions of about 14,000 jobs announced in October and bring Amazon’s total workforce reductions to roughly 30,000 roles since late 2025.
The layoffs are focused on corporate staff, including roles in areas such as human resources and other internal functions, rather than frontline operational positions.
Amazon leaders have said the job cuts are intended to streamline decision-making, reduce management layers and increase operational efficiency. Many of the affected employees will be offered a 90-day period to pursue other internal roles or receive severance and support services.
Amazon’s leadership emphasized that the company remains profitable, with revenue and earnings growing in recent quarters, and that it will continue to hire in priority areas even as it trims staff.
