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

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

Additionally, Sean M. O’Brien, the Teamsters General President, is quoted as saying UPS is obligated to create jobs, "but ...

The Teamsters union, which represents about 340,000 UPS employees, is urging its full-time members to reject the offers.

The Teamsters rebuked an offer from the United Parcel Service to buy out drivers affected by “the largest network reconfiguration in UPS history.” As part of a larger company restructuring amid rising ...

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 announced earlier this year that it […] The post UPS Offers Thousands Of Employees Buyout As Part Of “Largest Network Reconfiguration” Ever appeared first on InspireMore.

Parcel giant UPS said on Thursday it will offer voluntary buyouts to its full-time U.S. drivers as part of the largest network reconfiguration in its history — a sweeping overhaul that includes ...

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

The company is cutting costs because of flat parcel volumes, rising labor costs and a long stock-price slide.

The buyout package is in addition to any retirement benefits such as pension and healthcare, the company said in a statement. The Teamsters union, which represents about 330,000 workers at UPS, was ...

UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth. The post UPS drivers to receive buyout offer as company shrinks parcel network ...