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International Business Times UK

Business

Vinay Patel

UPS Offers $150,000 Buyouts to 100,000 Drivers as Shipping Giant Cuts Ties With Amazon

Amazon UPS Teamsters Carol Tomé United States e-commerce

The voluntary redundancy scheme, which recently cleared a federal court challenge from the Teamsters union, is part of a 2026 plan to cut 30,000 roles. (PHOTO: Marques Thomas/Unsplash )

UPS is moving to decouple from its largest partner as it extends a record-breaking $150,000 (£112333.50) buyout offer to more than 100,000 delivery drivers. This massive redundancy scheme, launched last week, marks the final stage of a 2026 restructuring plan to move away from low-profit Amazon shipments.

By slashing its daily volumes by millions, the shipping giant intends to swap its reliance on the e-commerce leader for a leaner, more automated business model.

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