UPS stock price swings as 30,000-job cut plan and 2026 outlook land after the bell
UPS shares closed up 0.2% at $107.20 after the company announced plans to cut up to 30,000 jobs and shut 24 buildings in early 2026. Fourth-quarter adjusted profit reached $2.38 per share on $24.5 billion revenue. UPS projected 2026 revenue near $89.7 billion and a 9.6% operating margin. The Teamsters union criticized the proposed buyout program.