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

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

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

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

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 is offering full-time U.S. union delivery drivers a voluntary buyout in a move that the Teamsters says violates the ...

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 ...

UPS offers voluntary buyouts to delivery drivers for the first time in its history, as part of a major network reconfiguration that may cut 20,000 jobs.