United Parcel Service Inc. is offering buyouts to some management workers, aiming to reduce payroll as the company ramps up investments to handle the surge in online shopping.
UPS is making the voluntary offers to U.S. managers that are eligible for retirement and in non-operations roles. The Atlanta-based company didn’t disclose how many workers are eligible or how many jobs it hopes to cut. It is the first early retirement offer since 2010.
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