A United Parcel Service (UPS) truck delivers boxes in New York City, on April 26, 2022. Spencer Platt/Getty Images
Shipping giant UPS plans to offer voluntary severance packages to some of its full-time U.S. drivers.
On July 3, the International Brotherhood of Teamsters, a trade union that represents many of the drivers, announced that United Parcel Service Inc. will issue a plan later this month offering “cash to drivers to initiate early retirement or quit their job.”
