United Parcel Service (UPS) on Tuesday said it has cut 48,000 positions in the first nine month of 2025. The Atlanta, Georgia-based company said the reductions comprised 14,000 positions primarily in management, alongside around 34,000 cuts within its “operational workforce”—employees involved in its day-to-day logistics and delivery services. UPS disclosed the layoffs following the release of its third quarter earnings, which showed consolidated revenues of $21.4 billion for the three months