US EditionUPS To Slash 20K Jobs, Offer Buyouts To Union Drivers
- UPS announced plans in July 2025 to offer voluntary buyouts to full-time Teamsters drivers and cut 20,000 jobs amid facility closures.
- This move follows a five-year contract ratified in August 2023 that obligated UPS to create 22,500 permanent full-time jobs and 7,500 new full-time positions.
- The Teamsters union condemned the Driver Voluntary Severance Plan as illegal, arguing it violates contractual commitments to job creation and guaranteed retiree health care.
- The head of the Teamsters union condemned the plan as a breach of their national agreement, affirming that union members will not be swayed and pledging to oppose the proposal.
- UPS acknowledged facing an exceptionally challenging business environment and reaffirmed its dedication to honoring contract agreements; however, the proposed buyout offer has sparked concerns regarding job security and union commitments.
16 Articles
16 Articles
UPS Offers Driver Buyouts as Company Cuts Jobs, Faces Union Pushback
Shipping giant UPS plans to offer voluntary severance packages to some of its full-time U.S. drivers. On July 3, the International Brotherhood of Teamsters, a trade union that represents many of the drivers, announced that United Parcel Service Inc. will issue a plan later this month offering “cash to drivers to initiate early retirement or quit their job.” In a statement shared with The Epoch Times, UPS confirmed that buyout packages will be of…
United Parcel Service Inc plans to provide voluntary compensation to unionized delivery drivers for the first time in its history, as part of an effort to increase their profits by reducing their operations. Drivers would receive "a generous financial package if they decide to leave UPS," in addition to the retirement benefits they have earned, including pension and health insurance, as reported by the company in a statement this Thursday. Atlan…
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