United Parcel Service (UPS) has announced plans to offer voluntary buyout packages to its unionized delivery truck drivers for the first time in the company's 117-year history. This move is part of a broader effort to downsize its domestic ground network and reduce costs amid stagnant parcel volumes and rising labor expenses in the United States. UPS is also cutting approximately 20,000 jobs and closing 73 facilities as it restructures its operations, including adjustments related to its Amazon business. The buyout offers come with existing pension and healthcare benefits. The International Brotherhood of Teamsters, which represents the drivers, has criticized the buyout plan, stating that their members cannot be "bought off" and expressing dissatisfaction with UPS’s approach, which they view as a violation of the national contract.