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 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 ...

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

The so-called “Driver Voluntary Severance Plan” is the latest part of the company’s jobs massacre, including plans to eliminate 20,000 jobs this year.

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.” ...

This offer is part of a cost-cutting plan from UPS. ... UPS, meanwhile, claims it remains committed to its 2023 contract despite its buyout program. ...

UPS UPS-0.97 % decrease; red down pointing triangle employs around 330,000 full- and part-time delivery drivers, clerks and package handlers represented by the International Brotherhood of Teamsters.

UPS offers union drivers severance amid a major network reconfiguration, sparking union disputes over contract compliance and labor cost concerns.