Why UPS is cutting 30,000 jobs and retiring its MD-11 cargo fleet.
UPS will eliminate 30,000 operational jobs and close 24 facilities in 2026 as it reduces low-profit Amazon volume and completes its MD-11 fleet retirement.
Jan 28, 20263 min
BUSINESS
UPS to Shed 30,000 More Jobs and Retire MD-11 Fleet Amid Profit-Driven Pivot
United Parcel Service will cut up to 30,000 jobs and close 24 facilities in 2026 to complete its shift from low-profit Amazon deliveries, while also retiring its MD-11 freighter fleet after a fatal crash.
Jan 28, 20263 min
BUSINESS