UPS offers $150K driver buyouts as Teamsters sue to block. 10,000+ expected to accept as judge weighs injunction today.

UPS and Teamsters Clash Over $150,000 Driver Buyouts as 10,000+ May Accept

108,435 job cuts announced in January 2026—highest since 2009. UPS and Amazon lead the carnage as AI reshapes the workforce.

January Layoffs Hit 108,000—Highest Since the 2009 Financial Crisis

UPS slashes 30,000 more jobs to complete Amazon unwind by June. Total cuts now 78,000 as $91B shipper pivots to higher-margin enterprise business.

UPS slashing 30,000 jobs as Amazon volume cut reaches final phase. Q4 beat, stock up 2% on turnaround progress toward premium pivot.