UPS to Cut Another 30,000 Jobs in Sweeping Cost-Savings Push

United Parcel Service Inc. expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.

The reductions to its operational workforce — a group that includes drivers and package handlers — will be achieved largely through attrition and voluntary separation agreements with full-time drivers, Chief Financial Officer Brian ⁠Dykes said Tuesday on a conference call to discuss quarterly financial results. The move comes after UPS said in October that it was eliminating 34,000 operational positions in 2025.