Posts tagged voluntary separation
Teamsters union sues UPS to block delivery driver buyouts
February 12, 2026 // UPS said it has been engaged with the Teamsters on a voluntary separation plan since early January and didn’t spring any surprise on the union last week. “We are aware of the Teamsters’ response to the voluntary separation program we planned to offer our U.S. full-time drivers and are working to resolve the matter through the legal process. This does not affect our operations, and we will continue to provide the reliable service our customers expect from UPS,” said Genny Bowman, vice president of communications, in a statement to FreightWaves.
Stellantis offers buyout packages to 6,400 salaried employees
November 17, 2023 // The company said Monday it was offering buy-outs to 6,400 non-bargaining U.S. employees, which is about half of the company's total work population. The "necessary structural actions" the company said it was taking was to protect its operations. "As we prepare for the transition to electric vehicles, Stellantis announced today that it will offer a voluntary separation package to assist those non-represented employees who would like to separate or retire from the Company to pursue other interests with a favorable package of benefits," said Stellantis in a statement.