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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.
On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
America's birthday is on Friday. Are banks and stock markets closed? Will there be mail delivery? What about UPS and FedEx?
Mail delivery will likely be disrupted as the United States Post Offices pauses normal operations on all federal holidays.
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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 ...
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