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

United Parcel Service trims 20,000 jobs, offers driver buyouts and shuts facilities to cut costs amid weak demand and rising labor expenses.

Businesses that are contemplating job cuts need to know how to conduct layoffs, treating the matter with the empathy it ...

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

BofA's Hoexter kept a Buy on UPS despite cutting EPS estimates, citing margin pressure and weak demand, but sees value at current levels.

The layoffs will impact 81 employees at the company's facility on Herrmann Drive in Garland and 50 employees at the FedEx facility on Capital Avenue in Plano.