UPS to offer buyouts to some employees

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“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 https://www.wsj.com/articles/ups-offering-buyouts-to-management-workers-11600378920?mod=searchresults&page=1&pos=1 workers would leave in two phases – by the end of 2020 and mid-2021.

UPS said last week it would hire more than 100,000 workers for the winter holiday season, as delivery networks are taxed by pandemic-fueled online shopping.