With Profits Up, UPS Threatens Job Cuts

On an earnings call with investors on April 29, UPS threatened to eliminate 20,000 jobs in 2025 and announced plans to close 73 buildings by the end of June. These attacks come as UPS is making money hand over fist. UPS projects profits of $9.6 billion in 2025 on revenue of $89 billion.

CEO Carol Tomé is pushing the biggest network reconfiguration in company history. The company closed 11 buildings in 2024 and plans to close 164 altogether, including 73 by the end of June. 

This will be a huge disruption for many Teamsters, especially members who work in smaller buildings. Changes of operations are being negotiated at the local level. 

UPS is consolidating operations into large, modern facilities and to automate local sort operations. The company says it will eliminate 20,000 jobs this year. Our union contract requires UPS to create 30,000 full-time jobs. 

“If UPS wants to continue to downsize corporate management, the Teamsters won’t stand in its way. But if the company intends to violate our contract or makes any attempt to go after hard-fought, good-paying Teamsters jobs, UPS will be in for a hell of a fight,” Teamster General President Sean O’Brien said in a statement.

Our job starts now with mobilizing and educating members to enforce the contract. 

Fighting for the Jobs of the Future

UPS is changing. Our job as Teamsters is to protect what we have and to fight to make sure the jobs of the future are good union jobs. 

Last week, UPS purchased Andlauer Healthcare Group for $1.6 billion. Tomé told investors that UPS’s goal is to be the world’s number one logistics provider of healthcare and specialized products. 

Stockton Local 439 is the first local to organize UPS Healthcare workers into our union. Thousands of formerly non-union UPS specialists and admins are joining the Teamsters.

Bargaining to organize at UPS has to be a major part of our UPS contract campaign in 2028. Organizing at Amazon is a must to protect our standards at UPS, stop the race to the bottom, and win a better future for a million Amazon workers. 

For more than a century, the Teamsters Union has set the standard in the logistics industry – and we are not backing down now.

 

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