UPS to offer buyouts to some employees - CNBC
United Parcel Service said on Thursday it was offering buyouts to some employees, as Chief Executive Carol Tomé aims to curb costs at the delivery firm.
“Aligning our talent with the needs of our company and customers is critical to becoming a stronger, more agile UPS,” a company spokesperson said in a statement.
The Wall Street Journal had earlier reported workers would leave in two phases - by the end of 2020 and mid-2021.
United Parcel Service said on Thursday it was offering buyouts to some employees, as Chief Executive Carol Tomé aims to curb costs at the delivery firm.
“Aligning our talent with the needs of our company and customers is critical to becoming a stronger, more agile UPS,” a company spokesperson said in a statement.
The Wall Street Journal had earlier reported workers would leave in two phases - by the end of 2020 and mid-2021.