US Postal Service offers buyouts to reduce staff | Reuters

The U.S. Postal Service offered cash incentives on Tuesday in a bid to cut its workforce by up to 30,000 people by the end of September and save up to $500 million next year.

$500
OFF

US Postal Service Offers Buyouts To Reduce Staff | Reuters

2 weeks from now

The U.S. Postal Service offered cash incentives on Tuesday in a bid to cut its workforce by up to 30,000 people by the end of September and save up to $500 million next year.

reuters.com

$15
OFF

USPS Offers Up To $15K In Early Retirement Buyouts To Cut …

2 weeks from now

3 days ago · The Postal Service is offering early retirement buyouts to mail handlers who work in the agency’s mail processing facilities, and other USPS employees who work in a variety of …

federalnewsnetwork.com

$15
OFF

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

2 weeks from now

The United States Postal Service (USPS) is offering early retirement buyouts to mail handlers who work in the agency’s mail processing facilities, as well as other USPS employees in a variety …

federalbenefitservice.com

$15000
OFF

Postal Service Offers $15,000 Buyouts To Cut Costs

2 weeks from now

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 …

seattletimes.com

$15
OFF

USPS Offering Up To $15K In Early Retirement Buyouts To Certain …

2 weeks from now

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 …

msn.com

4%
OFF

Washington Post To Lay Off 4% Of Staff To Cut Costs | Reuters

2 weeks from now

Jan 7, 2025 · In 2023, executives at The Post offered voluntary buyouts across the company to reduce employee headcount by about 10% and shrink the size of the newsroom to about 940 …

reuters.com

FAQs about US Postal Service offers buyouts to reduce staff | Reuters Coupon?

Will a government bailout help postal service avoid financial collapse?

The U.S. Postal Service said on Thursday it must continue to cut costs and boost revenue or risks requiring a government bailout to help the organization avoid financial collapse. ...

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. ...

Does the postal service need to reduce its employee headcount?

Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. ...

Will USPS 'break even'?

The U.S. Postal Service (USPS) plans to reduce its headcount by 50,000 over the next few years in a bid to "break even", according to Postmaster General Louis DeJoy. The figure will be achieved through natural attrition, he explained, with nobody being let go. ...

Does USPs have a pushback on higher mail prices?

DeJoy said USPS has received a ”great deal of pushback” on higher mail prices, as well as a new service standard that slowed the delivery of nearly 40% of first-class mail. ...

Will postal workers get a 'early out' retirement incentive?

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. ...