UPS offers voluntary separation to group of employees
UPS today offered a special voluntary separation opportunity to approximately 650 employees as part of the company’s ongoing effort to eliminate redundant positions.
The voluntary separation opportunity is in addition to the job reductions at UPS Supply Chain Solutions announced in October.
The impact of the voluntary separation opportunity on financial results will not be determined until after the personal election period is completed on Jan. 29, 2007. The company will discuss any significant financial impact from this action during its fourth quarter earnings call on Jan. 30, 2007.
