A new agreement has been reached between UPS and the Teamsters union regarding driver severance packages. This settlement resolves a conflict over a controversial voluntary buyout program. The deal limits the "Driver Choice Program" to 7,500 drivers nationwide, offering them $150,000 for early retirement. Buyouts will now be awarded based on seniority, prioritizing long-term employees. Union leaders stated the agreement protects workers and contract rights, while UPS affirmed it supports employees during operational changes.
Louisville, Kentucky
https://www.wdrb.com/news/business/ups-teamsters-union-reach-settlement-on-driver-severance-packages/article_5c3d580d-0787-49dc-bdd1-6ea3503ad594.html