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2,000 drivers left UPS after taking buyouts, analyst says
Yahoo Finance· 2025-10-31 02:46
About 2,000 unionized delivery drivers accepted a buyout offer from UPS in the third quarter, according to an estimate by Satish Jindel, a long-time parcel shipping consultant and president of ShipMatrix. UPS CEO Carol Tomé said during Tuesday’s earnings briefing that the buyouts will cost the company $175 million. The Atlanta-based parcel logistics giant has not disclosed the actual number of drivers that agreed to take a voluntary separation package. In July, UPS (NYSE: UPS) offered delivery drivers se ...