Roughly 1,500 UPS Drivers Cashed in on Voluntary Buyout Offer in 3Q -- Market Talk
Dow Jones2026/10/27 14:051004 ET - United Parcel Service wrapped up the final phase of its Driver Choice Program during 3Q, CFO Brian Dykes says on a call with analysts. The program, a voluntary separation and buyout option for eligible full-time U.S. drivers, resulted in approximately 1,500 drivers exiting the company, mostly at the end of the quarter, Dykes says. The disclosure comes as UPS is winding down a years-long restructuring which has seen the carrier cut tens of thousands of delivery-driver and warehouse-worker roles. UPS, which were lower premarket, is up 2.5%. (connor.hart@wsj.com)
(END) Dow Jones Newswires
October 27, 2026 10:05 ET (14:05 GMT)
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