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

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

UPS is offering full-time U.S. union delivery drivers a voluntary buyout in a move that the Teamsters says violates the ...

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 ...

UPS did not disclose the amount of the buyout but confirmed employees would receive earned retirement benefits, pensions, and healthcare. Teamsters General President Sean M. O’Brien shared his ...

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

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.

UPS is cutting back the number of employees it has through a voluntary retirement plan and is taking a $263 million charge primarily for severance expense.

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

Click here to write a Letter to the Editor. UPS Inc. said Wednesday that almost 200 of its employees accepted a voluntary early-retirement buyout package that will cost the company about $80 million.

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.