US Postal Service Offers Buyouts to 45,000 Workers
Friday, 25 May 2012 07:13 PM
The cash-strapped U.S. Postal Service will offer buyouts this summer to nearly all of its 45,000 mail handlers, part of a plan to consolidate operations at 140 mail-processing facilities in the next year.
The mail agency, which lost $3.2 billion in the first three months of 2012, plans to begin this summer moving mail-processing activities away from smaller sites to reduce annual costs.
As part of that plan, the Postal Service will offer $15,000 in two installments to full-time mail handlers who take early retirement or leave the agency, USPS spokesman Mark Saunders said on Friday.
Read more on Newsmax.com: US Postal Service Offers Buyouts to 45,000 Workers
//www.newsmax.com/Newsfront/postal-service-buyouts-summer/2012/05/25/id/440341
EDIT to fix Link
http://www.newsmax.com/Newsfront/postal-service-buyouts-summer/2012/05/25/id/440341





