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UPS announced it has cut 48,000 jobs in 2025 as part of a cost-saving and consolidation plan.
The company has also closed 93 facilities in the first nine months of 2025.
Despite the cuts, UPS expanded its healthcare division by opening a $100 million facility in Louisville.
The company reported $21.4 billion in revenue for the third quarter, a drop from the previous year.
The United Parcel Service has cut 48,000 jobs in 2025, the company announced on Oct. 28, with most cuts coming from its "operational workforce."
The delivery giant said in a recent filing that it cut about 34,000 operational jobs, including drivers, under a consolidation and cost-saving plan, and another 14,000 positions out of its management ranks.
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UPS cuts thousands of

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