SANDY SPRINGS, GA — In a first for the company, Sandy Springs-based UPS has announced a voluntary buyout offer for all full-time drivers as it undergoes what it calls the largest network reconfiguration in its history.

The move comes as part of the shipping giant’s broader cost-cutting efforts, which earlier this year included plans to eliminate 20,000 jobs company-wide.

Drivers who accept the offer will receive $1,800 for each year of service, with a guaranteed minimum payout of $10,000.

According to a statement, the offers come amidst the “largest network reconfiguration in UPS history,” saying it was the first time they’d offered full-time drivers the option to be bought out if they leave the company.

The statement continues, “UPS wants to shovel more cash to its executives and buy back even more of its own stock — all off the backs of hardworking Teamsters. UPS is violating our national contract. All full-time members are urged to reject this sham buyout proposal. We will not be sold out or sold short.”

Company officials say “all years of service will be honored.”

There are 10,000 drivers with at least 25 years of service in the company, officials add.