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UPS slashes 20,000 jobs and offers voluntary buyouts to drivers
One of the largest private mail and parcel carriers in the United States is slashing 20,000 jobs and offering voluntary buyouts to its full-time drivers. The move by UPS is part of the company’s plans to cut overall costs following a decision earlier this year to reduce the number of Amazon deliveries it handles, the Daily Mail reported in April.
UPS offers buyouts to full-time drivers in cost-cutting move as Teamsters slam proposal
"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 with every available resource to shut down this illegal buyout program."
On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...
United Parcel Service (NYSE:UPS) will reportedly offer its union drivers a severance offer as part of the company’s “network ...
Michael Daversa took off from Lowe's before deputies arrived, but they would later arrest him for grand theft.
Mail delivery will likely be disrupted as the United States Post Offices pauses normal operations on all federal holidays.
1hon MSN
Putting those figures into context, UPS revenue was about $91 billion in 2023 (making healthcare 11% of revenue), and Wall ...
FOX 35 Orlando on MSN2h
Florida man clings to back of moving UPS truck to avoid deputies after Lowe's shoplifting attempt: officialsThe BriefA Florida man tried to steal $1,500 worth of merchandise from Lowe’s, then fled on the back of a UPS truck.Deputies ...
MiBolsilloColombia on MSN3d
UPS to eliminate 20,000 positions with large buyout incentivesUPS plans to cut 20,000 jobs—about 4% of its global workforce—and is offering voluntary buyouts to U.S. full-time drivers for ...
Zacks Investment Research on MSN18h
UPS Looks to Cut Costs to Mitigate Demand Woes: What's the Road Ahead?It is no secret that United Parcel Service’s UPS bottom line is being hurt by high costs, mainly on the labor front. High ...
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