UPS plans to cut up to 30,000 operational jobs this year to reduce dependency on Amazon and focus on higher-profit areas like healthcare. Job cuts will be voluntary for full-time drivers and through attrition. They also aim to close 24 buildings in the first half of the year. UPS had previously cut about 34,000 operational positions and closed daily operations at 93 buildings in the first nine months of last year. They employ about 490,000 workers and had announced about 14,000 job cuts in management. In April, UPS announced plans to slash 20,000 jobs and close 70 facilities to reduce Amazon shipments. CEO Carol Tome stated that by the end of 2025, they had reduced Amazon’s volume by about 1 million pieces per day. UPS is retiring its fleet of McDonnell Douglas MD-11 cargo planes after a deadly crash in Louisville, Kentucky. Shares of United Parcel Service Inc. rose 3.4% in afternoon trading.

Read more at Yahoo Finance: UPS looks to cut up to 30,000 jobs this year