Comparing the 2026 layoffs at UPS (30,000 jobs) and Nokia (14,000 jobs). UPS cut more people, Nokia cut a larger share of its workforce.
| UPS | Nokia | |
|---|---|---|
| People Cut | 30,000 | 14,000 |
| % of Workforce | 6% | 18.9% |
| Total Workforce | 500,000 | 74,100 |
| Date | ||
| Category | AI-DRIVEN | RESTRUCTURE |
| Industry | Automotive & Transportation | Telecom |
| Reason | Network of the Future. | ~19% of workforce. |