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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 ...
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UPS, Starbucks, FedEx, Amazon, Google and almost 100 companies planning massive layoffs in JulyNearly 100 major companies, including UPS, FedEx, Starbucks, and Amazon, plan mass layoffs in July amid economic uncertainty ...
"Our members cannot be bought off and we will not allow them to be sold out," Teamsters General President Sean M. O'Brien ...
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
A UPS spokesperson says, "There are no planned closures in Maine at this time. We are consolidating deliveries in certain zip ...
Analysts at Bank of America hiked their price target on Roku (NASDAQ:ROKU) and reiterated their bullish rating, citing ...
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