UPS plans to cut 20,000 jobs—about 4% of its global workforce—and is offering voluntary buyouts to U.S. full-time drivers for the first time. The move aims to cut costs amid falling revenue.

United Parcel Service is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said ...

United Parcel Service's dividend faces risks due to declining sales, high costs, and economic challenges. Read here for an ...

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

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

The payout will equal $1,800 per year of service with a $10,000 minimum as the delivery giant looks to streamline its network ...

United Parcel Service, Inc., is closing its distribution hub in New Orleans East to refurbish and streamline the facility, ...

Job Layoffs. Add Topic. UPS offers buyouts to drivers as it shutters 73 sites, laying off 20,000 jobs. Abhinav Parmar. Reuters. Hear this story.

Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, ... (AI), have led to 20,000 job cuts this year to date.