UPS to reduce workforce by 30,000; has retired all MD-11 planes - UPI.com

Jan. 27 (UPI) -- UPS announced Tuesday that it plans to cut its workforce by 30,000 this year in a move to cut expenses.

"In terms of semi-variable costs, we expect to reduce operational positions by up to 30,000," UPS CFO Brian Dykes said during a company earnings call. "This will be accomplished through attrition, and we expect to offer a second voluntary separation program for full-time drivers."

UPS also announced it has retired all MD-11 planes in its fleet after a fiery crash on Nov. 4 in Louisville, Ky., that killed 15. The plane that crashed was an MD-11.

Dykes also said UPS plans to close 24 buildings in the first half of 2026 and plans to "deploy automation" in its network.

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