United Parcel Service (NYSE:UPS) will reportedly offer its union drivers a severance offer as part of the company’s “network reconfiguration." The package offered through its “Driver Voluntary Severance Plan” is in addition to any retirement benefits,

Union leaders are criticizing United Parcel Service (UPS) for offering buyouts to full-time drivers. The offers came a few months after UPS officials said they would cut about 20,000 jobs this year. UPS officials said delivering fewer packages for its biggest customer,

The parcel giant said it will offer voluntary buyouts to its full-time drivers as part of the largest company restructuring in its history.