Drivers would receive “a generous financial package if they choose to leave UPS,” in addition to any earned retirement ...

UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.

An employee buyout is an agreement between an employer and employee to end an employment contract in exchange for payment. These gradual payments, or buyouts, serve as a much more manageable way ...

With a typical employee buyout (EBO), an employer offers select employees a voluntary severance package, usually to minimize costs or the chance of a layoff.

The Tribune did not disclose the scope of the buyouts, or whether it is also considering layoffs to reduce the size of the ...

The agreement should include a clause that the employee understands and agrees to the terms of the buyout. Have the buyout funds available for the employee at the time you're offering the buyout.

The buyout agreement tees up the employee’s resignation for Sep. 30 of this year, which would mean workers get roughly eight months of pay and benefits while being exempt from return-to-office ...

You've been offered a buyout, and it's a big chunk of change. But the job market is soft, and a recession may be coming. Is ...

And in a sample agreement included in the memo, employees must agree to certain terms, including that only an agency head can rescind the agreement, except under limited circumstances, and an ...

A federal judge says he will continue to pause the Trump administration's federal employee buyout offer until he issues a ruling on a preliminary injunction.

An employee buyout is an agreement between an employer and employee to end an employment contract in exchange for payment. These gradual payments, or buyouts, serve as a much more manageable way ...

As millions of federal workers face a looming deadline to decide whether to accept the Trump administration’s unprecedented buyout offer, questions remain over whether the plan is even valid ...