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UPS Makes 117-Year History With Employees Decision

UPS Makes 117-Year History With Employees Decision

Yahoo2 days ago
United Parcel Service is rolling out an offer never seen before in its 117-year history.
It was reported Thursday that UPS is offering buyouts to delivery drivers because it's navigating through "an unprecedented business landscape." The company currently has around 330,000 drivers. Their full-time drivers are eligible for this buyout.
According to The Wall Street Journal, the average full-time driver for UPS makes around $170,000 annually. That was agreed to in the 2023 deal that UPS made with the Teamsters.
The labor union isn't pleased with this week's buyout offer from UPS. They said their offer is far less than what members could make under their current deal.
"UPS is trying to weasel its way out of creating good union jobs here in America by dangling insulting buyouts in front of Teamsters drivers. It is an illegal violation of our national contract," Teamsters general president Sean M. O'Brien said. "UPS is obligated to establish tens of thousands of new full-time jobs under the agreement. But CEO Carol Tomé and UPS's corporate managers are hoping that if they offer paltry severance packages to enough workers, no one will notice the company is setting the union's contract on fire. UPS Teamsters work too damn hard to be treated with such disrespect."
O'Brien added, "UPS needs to live up to the existing contract. They must honor their commitments, just as Teamsters do every day, reliably delivering packages to hundreds of millions of Americans. Profits are not more important than people, not at UPS or any other employer."
UPS, meanwhile, claims it remains committed to its 2023 contract despite its buyout program.
UPS Makes 117-Year History With Employees Decision first appeared on Men's Journal on Jul 3, 2025
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