UPS has told CNBC it is investing more than $2bn across its international, healthcare and supply chain businesses, spending that began in 2024 and runs to 2028. The same company cut about 48,000 roles last year and said in January it would cut 30,000 more.
UPS has put a figure on something it had been doing quietly. The company says it is investing more than $2bn across its international, healthcare and supply chain businesses, spending that started in 2024, runs to 2028 and had never been quantified publicly.
The number arrives in unusual company. UPS cut around 48,000 roles during 2025 and said in January that it would remove another 30,000 operational positions this year.
The buildings went too. It closed 93 facilities in 2025 and planned two dozen more in the first half of 2026.
One customer explains most of it. UPS is deliberately halving its Amazon volume over 18 months, roughly a million packages a day, targeting about $3bn in savings from the withdrawal.
