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

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

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 ...

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 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 union says the Teamsters have bought only 10% of the promised vehicles, but the company says it remains committed to the agreement.

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.