Amazon, UPS lead new wave of mass layoffs in 2026

A new and far-reaching wave of mass layoffs is sweeping the United States, marking a decisive escalation in the ruling ...
Retail Dive

UPS to cut Amazon volume by more than 50%

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The carrier ...
Hosted on MSN

Amazon Cuts Deepen: UPS to Lay Off 20,000 as Shipments Drop

In a move that will reshape its workforce, United Parcel Service (UPS) has announced plans to lay off 20,000 workers and close 73 facilities. This decision follows a significant shift in its ...
The Motley Fool

Is Amazon Paying $4 Billion to Break Up With UPS?

Amazon is planning to spend up to $4 billion to enhance its ability to deliver in rural areas. The e-commerce giant has forged a partnership with FedEx on the delivery front. United Parcel Service is ...
Seeking Alpha

UPS Cuts Amazon Deal: Short-Term Pain For Long-Term Gain

UPS's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability and focus on higher-margin business. Though short-term revenue will dip, UPS expects significant ...