The parcel giant said it will offer voluntary buyouts to its full-time drivers as part of the largest company restructuring in its history.

UPS 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.

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.

UPS, which is one of the largest parcel delivery companies in the US, currently has 490,000 employees, around 330,000 of which are represented by the Teamsters union. The union was the first to ...

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

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Intel's chip production is not spared layoffs either. Almost 3800 employees have to leave their jobs this week.

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Beginning this month, led by the Tewkesbury Borough Community Safety Partnership (TBCSP), the council's community teams will ...

Additionally, Sean M. O’Brien, the Teamsters General President, is quoted as saying UPS is obligated to create jobs, "but ...

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