U.P.S. Plans to Cut 1,800 Jobs - New York Times United Parcel Service said on Friday that it would cut 1,800 management and administrative jobs as it repositioned itself for a gradual recovery. About 1,100 employees will be offered buyouts, which are meant to streamline the company’s small-package segment in the United States. Other cuts will come through attrition and layoffs. The small-package segment represents roughly 60 percent of the company’s annual revenue. It handles shipments of up to 150 pounds by ground and air.