UPS is preparing to launch a new buyout program as it eyes a reduction in its workforce of further 30,000 employees, potentially bringing total layoffs since 2024 to 90,000 by the end of the year.

Teamsters is not ready to let a second buyout go without legal fight and calls UPS driver buyout illegal in its lawsuit.

In 2025, UPS cut 48,000 jobs and offered a buyout to full-time drivers for the first time in company history in an attempt to create meaningful cost savings. The announcement on Jan. 27 marks the ...

The Teamsters union is suing UPS over its new driver buyout option, alleging the company violated the 2023 labor contract.

The national Teamsters union said UPS' new driver buyout program is illegal and a violation of the labor contract ratified in ...

FILE - A UPS driver enters a United Parcel Service store with packages in Jackson, Miss., July 26, 2021. (AP Photo/Rogelio V. Solis, File) UPS is planning to cut up to 30,000 operational jobs this ...

Feb 9 (Reuters) - The Teamsters Union said on Monday it had sued United Parcel Service, alleging the delivery giant's fresh ...

The United Parcel Service aims to cut up to 30,000 operational roles in 2026 as part of its transformation strategy, CFO Brian Dykes announced during the company’s quarterly earnings call on Tuesday.

YOU ARE WATCHING WLKY NEWS. ANNOUNCER. IS NOT ONLY ITS PLAN TO FULLY RETIRE ITS MD 11 FLEET, BUT ALSO CUT THOUSANDS OF JOBS. THIS COMES AS THE COMPANY CONTINUES TO REDUCE THE SHIPPING WORK IT DOES FOR ...

UPS reports stronger-than-expected third-quarter results. About 48,000 jobs have been eliminated this year. The company has closed 93 leased and owned facilities. UPS continues to identify more ...

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