UPS, one of the world's largest package delivery companies, is offering employees a buyout option. The buyout, called the "Driver Voluntary Separation Program" is available for consideration by ...

During a quarterly earnings meeting on January 27, UPS Chief Financial Officer Brian Dykes announced that the company plans to cut another 30,000 jobs this year and implement a second driver buyout ...

UPS is making plans to offer buyouts to its drivers for the first time ever, prompting staunch opposition from the Teamsters union. The potential buyouts for the drivers of its iconic brown package ...

United Parcel Service (UPS) eliminated roughly 48,000 jobs in 2025 as part of its sweeping “Network Reconfiguration and Efficiency Reimagined” program, the largest workforce reduction in the company’s ...

The United Parcel Service is looking for about 105,000 drivers to voluntarily resign from their positions. A federal judge in Massachusetts approves of the UPS $150,000 buyout plan.