Postal Service Offers $15,000 Buyouts - CBS News

Aug 25, 2009  · The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the recession and the popularity of e …


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Postal Service Offers $15,000 Buyouts - CBS News

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Aug 25, 2009  · The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the recession and the popularity of e …

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Postal Service Offers Buyouts, With $15K Incentive In Latest Cost ...

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May 26, 2012  · The U.S. Postal Service announced late Friday it would offer thousands of mail-handlers a $15,000 incentive to retire early, the most recent attempt by the financially-strapped …

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Postal Service Offers $15,000 Buyouts To Cut Costs

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Aug 25, 2009  · The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the recession and the popularity of e …

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Postal Service Offers $15,000 Buyouts - The Bulletin

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Aug 26, 2009  · WASHINGTON — The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the recession

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$15K In Early Retirement Buyouts Offered To USPS Workers In …

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Eligible USPS employees have until March 7 to accept the early retirement offers, and would agree to retire from the agency effective April 30. The memo states full-time USPS employees …

federalbenefitservice.com

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Postal Service Offers $15,000 Buyouts To Cut Costs

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WASHINGTON (AP) -- The Postal Service is offering $15,000 buyouts to employees in an... Postal Service offers $15,000 buyouts to cut costs Register Citizen Logo Hearst Newspapers …

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Postal Service Offers $15,000 Buyouts To Cut Costs

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Aug 25, 2009  · WASHINGTON — The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the recession

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24K Postal Workers Seek Buyout, Early Retirement - USA TODAY

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Dec 12, 2012  · Nearly 24,000 unionized mail clerks and mechanics have applied for buyouts or early retirement as the cash-strapped Postal Service ... identical offer: a $15,000 buyout plus …

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Postal Service Offering Buyouts To 30,000 - NBC News

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Aug 25, 2009  · The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs. IE 11 is not supported. For an optimal experience visit our site on another browser.

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Postal Service Offers $15,000 Buyouts To Cut Costs

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Aug 25, 2009  · Updated at 4:55 p.m. WASHINGTON -- The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted …

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U.S. Postal Service Offers Buyouts To Cut Costs

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Aug 26, 2009  · WASHINGTON (AP) — The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the …

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Postal Service Offers $15,000 Buyouts To Employees To Cut Costs

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WASHINGTON – The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted by the recession and the popularity of e …

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Postal Service Offers $15K Buyouts To Employees

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Aug 26, 2009  · WASHINGTON (AP) — The United States Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being buffeted …

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FAQs about Postal Service Offers $15,000 Buyouts - CBS News Coupon?

Will USPS cut overstaffing?

USPS to cut overstaffing (Photo Credits: X / Twitter) The American Postal Workers Union and the United States Postal Service reached a mutual agreement on January 13, 2025, to implement a one-time retirement incentive that would also include an "early out" option for eligible employees. ...

Are 25,000 postal workers accepting early-retirement buyout offer?

In the face of ongoing financial struggles and an uncertain future, more than 25,000 workers at the United States Postal Service are accepting an early-retirement buyout offer, according to a spokesperson for the American Postal Workers Union. ...

Are mail handlers eligible for a lump-sum incentive payment?

According to a USPS MOU, qualified mail handlers who consent to a voluntary early retirement in the next months would be eligible for lump-sum incentive payments of up to $15,000. ...

Why does the USPS need to reduce staffing?

"As a result of our capital investments in state-of-the-art mail processing equipment and changes to our network, the Postal Service needs to reduce staffing in those facilities that are overstaffed as we continue to provide prompt, reliable, and efficient service to all communities," a USPS spokesperson told Federal News Network. ...

Is USPS reducing first-class mail use in 2023?

First-class mail use is down 80% since 1997 and is at its lowest level since 1968. USPS, which had vowed to break even in 2023 but abandoned that timetable, said despite cutting costs it does not plan to reduce its nationwide network of 31,000 retail locations. ...

How much money has USPS lost since 2007?

USPS has lost more than $100 billion since 2007. USPS is implementing a 10-year restructuring plan announced in 2021 that aims to eliminate $160 billion in predicted losses over the next decade. USPS now projects $80 billion in losses over the period and plans further cuts to address the shortfall. ...

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