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News

UPS offers buyouts to drivers

The Wall Street Journal on MSN · 1d
UPS Offers Buyouts to Drivers, a First in Its 117-Year History
U nited Parcel Service is offering buyouts to delivery drivers for the first time in its 117-year history. The company is seeking cost savings because of stagnant parcel volumes, rising labor costs and a long slump in the company’s stock price.
USA TODAY · 1d
UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs
The parcel giant said it will offer voluntary buyouts to its full-time drivers as part of the largest company restructuring in its history.
Bloomberg on MSN · 1d
UPS to Offer First-Ever Buyouts to Union Delivery Drivers
United Parcel Service Inc. plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations.
7hon MSN
UPS Cutting Staff: What Move Means for Your Deliveries
On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...
2don MSN
The job market may be sinking. Beware of buyouts.
You’ve been offered a buyout. Your employer wants to pay you to quit. It’s a big chunk of change. Should you accept? In this ...
FreightWaves
1d
UPS drivers to receive buyout offer as company shrinks parcel network
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.

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