In order to save $500 million in costs next year, the U.S. Postal Service will offer buyouts to 30,000 of its workers, according to the agency itself. According to a news release, the USPS plans to negotiate with two employee unions and work out a deal that would allow the USPS to give financial incentives to certain employees so that they retire or resign early.
 
The American Postal Workers Union and the National Postal Mail Handlers Union have both settled on the agreement for this one-time offer, while employees represented by the National Association of Letter Carriers and the National Rural …read more

About 150,000 United States Postal Service workers (about one fourth of USPS workers) will be offered early retirement, they announced today. The Postal Service has been hard-hit by the recession, and this is just one of the ways they hope to eliminate costs.
They’ve already cut over 50 million workhours, and some post office locations have less hours, depending on their traffic. Some have pushed for the elimination of Saturday delivery, which would cut the number of workhours for post office employees even more.
Also announced today, six of the 80 USPS district offices will be closing. The offices are locates in …read more