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UPS offers buyouts to drivers

UPS offers buyout to union drivers, drawing ire from Teamsters

United Parcel Service (NYSE:UPS) will reportedly offer its union drivers a severance offer as part of the company’s “network reconfiguration." The package offered through its “Driver Voluntary Severance Plan” is in addition to any retirement benefits,

Bloomberg on MSN · 3d

UPS to Offer First-Ever Buyouts to Union Delivery Drivers

Drivers would receive “a generous financial package if they choose to leave UPS,” in addition to any earned retirement benefits, including pension and health care, the company said in a statement on Thursday.

USA TODAY · 3d

UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs

The parcel giant said it will offer voluntary buyouts to its full-time drivers as part of the largest company restructuring in its history.

2don MSN

UPS Cutting Staff: What Move Means for Your Deliveries

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

FreightWaves3d

UPS drivers to receive buyout offer as company shrinks parcel network

UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.

Transport Topics3d

UPS Plans to Offer Voluntary Buyouts to Union Drivers

UPS Inc. plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations ...

UPS VIOLATES TEAMSTERS NATIONAL CONTRACT WITH PLAN FOR BUYOUTS

WASHINGTON, July 3, 2025 /PRNewswire/ -- United Parcel Service (UPS) is expected to unveil an illegal plan later this month ...

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