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 the first time. The move aims to cut costs amid falling revenue.

UPS to cut 20,000 jobs as it pulls back from Amazon . Global shipping giant may also close more than 70 facilities . MICHELLE CHAPMAN AP Business Writer // April 29, 2025 // SUMMARY: UPS plans to cut ...

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United Parcel Service (UPS) is offering buyout packages to its U.S.-based delivery drivers. The move comes as the company ...

UPS announces first-ever voluntary buyout packages for drivers as part of massive restructuring. Teamsters union calls move ...

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

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

The union says the Teamsters have bought only 10% of the promised vehicles, but the company says it remains committed to the agreement.

"Our members cannot be bought off and we will not allow them to be sold out," Teamsters General President Sean M. O'Brien said in a statement. "The Teamsters are prepared to fight UPS on every front ...

UPS offers voluntary buyouts to delivery drivers for the first time in its history, as part of a major network ...