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.

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

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

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

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

"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 ...

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

"For the first time ever, in recognition of these unique circumstances, we are looking to offer our full-time U.S. drivers ...

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

UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs. Abhinav Parmar. Reuters. Hear this story. ... under which UPS had committed to create 22,500 more jobs. ...