Teamsters is not ready to let a second buyout go without legal fight and calls UPS driver buyout illegal in its lawsuit.

In a win against Teamsters, the driver buyout program is on track at UPS.

UPS announced during an earnings call on Jan. 27 it plans to lose 30,000 jobs and closed 24 facilities across the company in 2026. Here's what to know ...

In 2025, UPS cut 48,000 jobs and offered a buyout to full-time drivers for the first time in company history in an attempt to create meaningful cost savings. The announcement on Jan. 27 marks the ...

UPS is planning to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the number of Amazon shipments that it handles.

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. The package delivery company said Tuesday that it ...

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and ...

UPS to reduce workforce by 30,000 jobs, close 24 facilities in 2026 Following decreased fourth quarter revenue, shipping and logistics giant UPS has announced a plan to globally reduce operational ...

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. The package delivery company said Tuesday that it ...