UPS to Cut Another 30,000 Jobs in Sweeping Cost-Savings Push

United Parcel Service Inc. expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.

The reductions to its operational workforce — a group that includes drivers and package handlers — will be achieved largely through attrition and voluntary separation agreements with full-time drivers, Chief Financial Officer Brian ⁠Dykes said Tuesday on a conference call to discuss quarterly financial results. The move comes after UPS said in October that it was eliminating 34,000 operational positions in 2025.

The courier has been closing and consolidating dozens ...