Showing posts with label Postal buyout incentives. Show all posts
Showing posts with label Postal buyout incentives. Show all posts

Saturday, August 8, 2020

Employee bloated Postal Service loses $2.2B in 3 months as virus woes persist

Employee bloated Postal Service loses $2.2B in 3 months as virus woes persist

Snippet of Article: "...DeJoy offered a gloomy picture of the 630,000-employee agency Friday in his first public remarks since taking the top job in June. “Our financial position is dire, stemming from substantial declines in mail volume, a broken business model and a management strategy that has not adequately addressed these issues,” DeJoy told the postal board of governors at a meeting Friday. “Without dramatic change, there is no end in sight,” DeJoy said..."

Source: www.wtnh.com

Louis DeJoy, Postmaster General DeJoy, Overtime Abuse, Postal buyout incentives, Too Many Senior Employees,

Friday, May 25, 2012

Early retirement and buyout incentives offered to USPS Mail Handlers

Article Title: Mail Handlers to be offered retirement incentive

Snippet of Article: "...eligible Mail Handlers who choose to leave employment with the USPS on or before August 31, 2012 will each receive incentive payments totaling up to fifteen thousand dollars (for full-time employees)...."

Source: National Postal Mail Handlers Union Local 317 Early retirement incentive, Mail Handler Buyout, Postal Buyout Incentives, Postal Retirement Incentive, Voluntary Early Retirement (VER)

Thursday, May 10, 2012

$20,000 Postal Service Buyouts Offered

Article Title: USPS offers buyouts to postmasters, drops plan to close post offices

Snippet of Article: "...Under heavy pressure from Congress, the U.S. Postal Service is shelving plans to close up to 3,700 post offices and instead will offer $20,000 buyouts to..."

Source: Postal Newsgroup

Tuesday, April 17, 2012

Postal buyout incentives, early retirements, but still more plant closures

Article Title: Senate Seeks Ways to Save Postal Service

Snippet of Article: "...bill being debated on the Senate floor this week was recently modified to take into account the concerns of mostly rural states. For instance, it would:

• Cut in half the number of mail processing centers the Postal Services currently wants to close — from 252 to 125 — allowing more U.S. areas to maintain overnight first-class mail delivery for at least three more years...."

Source: www.time.com Postal buyout incentives, Early Retirements, mail processing center closures,