LOUISVILLE, Ky. (WDRB) -- UPS plans to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the number of Amazon shipments that it handles.
In an earnings call Tuesday morning, Chief Financial Officer Brian Dykes said the company will offer buyouts to full-time drivers, and the rest of the cuts should come from regular attrition.
"This is a tactical move, and we did something similar last year, in order to help us to right-size the position levels and the network infrastructure," Dykes said on the call.
UPS is also looking to close 24 buildings in the first half of the year and is evaluating additional buildings to close later in the year, he added.
UPS Worldport, which employs about 26,000 in Louisville, is the city's largest employer and is one of the main reasons dozens, if not hundreds of businesses, have operations in the area, according to our partners at Louisville Business First.
The vast majority of Louisville-area UPSers are package handlers, drivers, dispatchers, mechanics, pilots and other hourly workers.
UPS said in a regulatory filing in October that it had cut about 34,000 operational positions and closed daily operations at 93 leased and owned buildings during the first nine months of last year. The company also announced approximately 14,000 job cuts, mostly within management.
CEO Carol Tome said during Tuesday's conference call that by the end of 2025 UPS had reduced Amazon's volume in its network by approximately 1 million pieces per day.
“We're in the final six months of our Amazon accelerated glide down plan, and for the full year, 2026, we intend to glide down another million pieces per day, while continuing to reconfigure our network,” Tome said.
Also during Tuesday's call, UPS announced its fleet of McDonnell Douglas MD-11 cargo planes are now officially retired two months after the fiery crash in Louisville that killed 15 people.
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