UPS did not disclose the amount of the buyout but confirmed employees would receive earned retirement benefits, pensions, and ...

UPS is in the midst of a $3.5 billion cost-reduction effort and is offering union drivers a financial package to leave ...

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 ...

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

One of the largest private mail and parcel carriers in the United States is slashing 20,000 jobs and offering voluntary ...

The United Parcel Service has announced that it is offering buyouts to full-time drivers as part of its execution of "the ...

Following its layoff plans, UPS is offering voluntary buyouts to drivers, however, the Teamsters union is set to oppose the ...

UPS, which is one of the largest parcel delivery companies in the US, currently has 490,000 employees, around 330,000 of ...

The United Parcel Service (UPS) said Thursday it is offering buyouts to full-time U.S. delivery drivers as part of the ...

Krispy Kreme's top finance executive, Jeremiah Ashukian, is leaving the doughnut maker to pursue an opportunity with a private company. CEOs said the bloc's ability to become a leader in nascent AI is ...

According to The Wall Street Journal, the average full-time driver for UPS makes around $170,000 annually. That was agreed to in the 2023 deal that UPS made with the Teamsters. The labor union isn't ...

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