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UPS to Slash Package Deliveries for Amazon

UPS Offers Driver Buyouts as Company Cuts Jobs, Faces Union Pushback

by The Epoch Times
July 4, 2025

(The Epoch Times)—“For the first time ever, in recognition of these unique circumstances, we are looking to offer our full-time U.S. drivers the opportunity to participate in a voluntary program that would provide an opportunity to receive a generous financial package if they choose to leave UPS,” the statement said. “Each driver would have the ability to decide if this voluntary program is beneficial to their family and the plans they have for their future.”

The buyout program, identified by the union as the Driver Voluntary Severance Plan, would allow eligible drivers to leave the company in exchange for a cash buyout. The Teamsters called that plan illegal, saying the severance offer would violate the terms of the five-year collective bargaining agreement ratified in August 2023.

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.”

In a statement shared with The Epoch Times, UPS confirmed that buyout packages will be offered. The company said it is facing an “unprecedented” business landscape and is attempting to simultaneously reconfigure its freight network while adjusting to a shifting trade landscape.

“For the first time ever, in recognition of these unique circumstances, we are looking to offer our full-time U.S. drivers the opportunity to participate in a voluntary program that would provide an opportunity to receive a generous financial package if they choose to leave UPS,” the statement said. “Each driver would have the ability to decide if this voluntary program is beneficial to their family and the plans they have for their future.”



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The buyout program, identified by the union as the Driver Voluntary Severance Plan, would allow eligible drivers to leave the company in exchange for a cash buyout. The Teamsters called that plan illegal, saying the severance offer would violate the terms of the five-year collective bargaining agreement ratified in August 2023.

  • Read More: theepochtimes.com

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At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

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