UPS needs to trim its workforce and is offering full-time U.S. drivers cash to walk away. The company just launched a ...

Package delivery giant UPS announced Friday, July 18, a new “US Driver Voluntary Severance Plan (DVSP),” offering financial ...

Additionally, Sean M. O’Brien, the Teamsters General President, is quoted as saying UPS is obligated to create jobs, "but ...

Parcel giant UPS said on Thursday it will offer voluntary buyouts to its full-time U.S. drivers as part of the largest network reconfiguration in its history — a sweeping overhaul that includes ...

In a first for the company, Sandy Springs-based UPS has announced a voluntary buyout offer for all full-time drivers ...

The Teamsters union, which represents about 340,000 UPS employees, is urging its full-time members to reject the offers.

UPS plans to cut 20,000 jobs—about 4% of its global workforce—and is offering voluntary buyouts to U.S. full-time drivers for the first time. The move aims to cut costs amid falling revenue.

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS history." ...

The so-called “Driver Voluntary Severance Plan” is the latest part of the company’s jobs massacre, including plans to ...

UPS offers voluntary buyouts to delivery drivers for the first time in its history, as part of a major network reconfiguration that may cut 20,000 jobs.

UPS did not specify how many employees would be offered the package or when it plans to make the proposal. UPS’ shares fell 1.3% during a shortened trading session in New York on Thursday.

UPS to Offer Voluntary Buyout Packages to Its US Drivers. More. Reuters. FILE PHOTO: United Parcel Service (UPS) vehicles are seen at a facility in Brooklyn, New York City, U.S., May 9, 2022.