On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

UPS currently has around 490,000 employees operating in more than 200 countries. The layoffs would impact a little more than 4% of its workforce. We're still working to learn where those cuts will ...

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

The job cuts may also lead to a “re-measurement” of its pension-plan obligations, but UPS could not yet determine the impact.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.

UPS plans to cut 20,000 jobs, automate 400 facilities, and reduce Amazon business, citing profitability concerns. Teamsters union vows to fight layoffs.