118-year-old shipping giant announces massive layoffs [Yahoo! Finance]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
But it was a double-edged surprise underscoring that a revenue beat can also come with a high cost: a massive secondary wave of 30,000 job cuts i n operational roles in 2026 as part of a sweeping cost-reduction effort tied largely to Amazon. While the parcel delivery giant beat expectations, people focused more on the company's plan to reconfigure operations, reduce total operational hours, and cut a significant number of operational positions. Investors looked beyond the job cuts and focused on the billions in savings as the company's stock rose more than 3% intraday before settling at $107.20 at market close. Consolidated revenue of $24.5 billion Diluted EPS of and non-GAAP adjusted EPS of Quarterly dividend of Proposed job cuts Retired its MD-11 aircraft during Q4, accelerating fleet modernization In its 2026 guidance, UPS estimated capital expenditures of around $3 billion and dividend payments of around $5.4 billion. The parcel delivery company in October 2025 r
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UPS
News
- Job cuts are highest for any January since 2009. See why. [USA TODAY]USA TODAY
- US weekly jobless claims increase more than expected [Yahoo! Finance Canada]Yahoo! Finance Canada
- Amazon, UPS and Other Major Companies Are Making Big Job Cuts. Is AI To Blame? [Yahoo! Finance]Yahoo! Finance
- The 5 Most Interesting Analyst Questions From United Parcel Service's Q4 Earnings Call [Yahoo! Finance]Yahoo! Finance
- 2 Profitable Stocks with Exciting Potential and 1 Facing Headwinds [Yahoo! Finance]Yahoo! Finance
UPS
Earnings
- 1/27/26 - Beat
UPS
Sec Filings
- 2/6/26 - Form 8-K
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- UPS's page on the SEC website