UPS, one of the world's largest package delivery companies, is offering employees a voluntary separation option. Here's what ...

UPS had a second quarter riddled with revenue loss as a result of changing trade policy and economic uncertainty. Here's what to know ...

The United Parcel Service, based in Sandy Springs, announced Friday that full-time drivers were being offered a chance for a buyout.

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 ...

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.

United Parcel Service on Tuesday reported better second-quarter revenue than analysts had expected, but its profit fell short ...

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 ...

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.

UPS UPS -0.13% employs around 330,000 full- and part-time delivery drivers, clerks and package handlers represented by the International Brotherhood of Teamsters.

UPS said Thursday it had approached the Teamsters — the union that represents its drivers — on the buyout plan. The company said it remains “committed to the agreements we reached in 2023 ...

Profits are not more important than people, not at UPS or any other employer." UPS, meanwhile, claims it remains committed to its 2023 contract despite its buyout program.