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

The package from UPS includes $1,800 per year of service at UPS, with a minimum payout of $10,000, with all years of service ...

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

United Parcel Service (NYSE:UPS) will reportedly offer its union drivers a severance offer as part of the company’s “network reconfiguration." The package offered through its “Driver Voluntary ...

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

United Parcel Service plans to offer buyouts to drivers, in a move that's drawing opposition from the Teamsters union that represents them. Why it matters: UPS has been taking steps to cut costs as it ...

Progressives love unions. Not only do unions protect workers, they say, unions gave us the weekend and the middle class. I ...

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

As part of a larger restructuring of the company, UPS announced earlier this year that it would lay off 20,000 of its 500,000-strong workforce.

UPS did not disclose the amount of the buyout but confirmed employees would receive earned retirement benefits, pensions, and ...

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

UPS is in the midst of a $3.5 billion cost-reduction effort and is offering union drivers a financial package to leave ...