The United Parcel Service (UPS) mentioned on Thursday that it’s providing buyouts to full-time U.S. supply drivers as a part of the corporate’s “largest community reconfiguration” ever.
“As we navigate an unprecedented enterprise panorama, we’re executing the most important community reconfiguration in UPS historical past,” the Atlanta-based firm mentioned in a statement.
“For the primary time ever, in recognition of those distinctive circumstances, we need to supply our full-time U.S. drivers the chance to take part in a voluntary program that would offer a chance to obtain a beneficiant monetary package deal in the event that they select to go away UPS,” the corporate added.
The monetary package deal that will likely be obtainable to the drivers will likely be along with “any earned retirement advantages, together with pension and healthcare,” based on UPS.
The corporate added that every driver “would have the power to resolve if this voluntary program is useful to their household and the plans they’ve for his or her future.”
The Worldwide Brotherhood of Teamsters President Sean M. O’Brien mentioned UPS’s buyout plan is “an unlawful violation” of the contract the union struck with the corporate that undercuts its settlement to create 22,500 extra jobs.
“UPS is making an attempt to weasel its approach out of making good union jobs right here in America by dangling insulting buyouts in entrance of Teamsters drivers,” O’Brien mentioned in a statement on Thursday.
UPS mentioned on Thursday that it had approached the union concerning the buyouts and that the corporate stays “dedicated to the agreements we reached in 2023, as a part of our contract negotiations.”
UPS mentioned in late April that it will cut round 20,000 jobs this yr as a part of a plan to decrease prices and enhance effectivity. In August 2023, UPS offered buyouts to pilots as demand dropped.