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.

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

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

The announcement of the buyout also comes as the union says UPS is failing to provide at least 28,000 air-conditioned vehicles to drivers by 2028. "Our members cannot be bought off and we will not ...

JACKSON, Miss. (WLBT) - UPS is offering drivers nationwide, including here in the metro, a buyout to leave the company. In a letter obtained by 3 On Your Side, UPS said they are offering a generous ...

The Teamsters are prepared to fight UPS on every front with every available resource to shut down this illegal buyout program,” O’Brien said. “UPS needs to live up to the existing contract.

In April, UPS said it planned to cut 20,000 jobs from its workforce of about 490,000, because of a cutback in its deliveries for Amazon and a larger push to make the network more “efficient.” ...

Parcel giant UPS said on Thursday it will offer voluntary buyouts to its full-time U.S. drivers as part ... which represents about 330,000 workers at UPS, was first to announce the buyout ...

UPS offers pilot buyout as demand falters. By Reuters. August 31, 2023 9:27 PM UTC Updated August 31, 2023 ... whose spokesperson confirmed the buyout offer had been proffered.

UPS announced Thursday that it was offering a voluntary buyout to full-time drivers. File Photo by John Angelillo/UPI. July 4 (UPI) --The United Parcel Service has announced that it is offering ...