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Postal Service to offer $20,000 buyouts to cut 7,500 jobs
CNN Money via Yahoo Finance ^ | 3/25/2011 | Charles Riley

Posted on 03/25/2011 8:17:51 AM PDT by Qbert

The Postal Service is offering a $20,000 buyout to thousands of veteran workers as part of its bid to eliminate 7,500 administrative jobs, the agency announced Thursday.

The struggling agency also announced plans to shutter seven district offices.

The seven offices that are closing are Columbus, South East Michigan, Northern Illinois, South East New England, South Georgia, Big Sky and Albuquerque.

There are 421 jobs spread across the seven offices, a postal service spokeswoman said. Eligible administrative employees will be offered the buyout package -- letter carriers and other union workers are not eligible.

The postmaster first announced plans to cut 7,500 positions in January, but it wasn't clear where those jobs would be cut, or when. The buyout offer is designed to entice workers to leave the workforce.

Each year, about 20,000 Postal Service workers retire or leave their jobs. But many of those positions are filled. By eliminating 7,500 administrative positions over the next year, the Postal Service should be able to accelerate the shrinking of its workforce.

Employees must be 50 years old, with at least 20 years of service, or any age with at least 25 years of service to qualify.

"I am confident that we have developed a strong plan that takes a key step toward a leaner and less bureaucratic structure," Postmaster General Patrick Donahoe said in a statement.

But with more than 500,000 employees, the cuts are a drop in the bucket

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: postalservice
"I am confident that we have developed a strong plan that takes a key step toward a leaner and less bureaucratic structure," Postmaster General Patrick Donahoe said in a statement."

- The Postmaster General is doing more to cut bureaucracy than the national GOP leaders for Pete's sake...

1 posted on 03/25/2011 8:17:57 AM PDT by Qbert
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To: Qbert

Hah, not so fast. New study shows that the projected savings are over estimated.

Let the games continue.


2 posted on 03/25/2011 8:36:46 AM PDT by Carley (WISCONSIN STREET NO DIFFERENT THAN THE ARAB STREET. UGLY AND VIOLENT)
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To: Qbert

Technology is overtaking the Post office. People don’t mail letters anymore. Even bills and junk mail is no longer being delivered by the post office, but rather by computer.

Urgent documents are sent via FexEx, and packages are sent via UPS.

The obvious thing the post office ccould do to cut costs:

Eliminate daily (6 days a week) mail delivery. Got to 3 days a week (Mon-Wed-Fri or Tue-Thu-Sat). They could cover the same amount of terriory with about half the carriers.

Is there anyone (even businesses) that need to get their mail every day?


3 posted on 03/25/2011 8:39:21 AM PDT by Brookhaven (Moderates = non-thinkers)
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To: Brookhaven

“The obvious thing the post office ccould do to cut costs:

Eliminate daily (6 days a week) mail delivery. Got to 3 days a week (Mon-Wed-Fri or Tue-Thu-Sat). They could cover the same amount of terriory with about half the carriers.”

Yep. And if services are needed beyond those days, private sector companies can surely fill the slack.


4 posted on 03/25/2011 8:49:21 AM PDT by Qbert ("I seem to smell the stench of appeasement in the air" - Margaret Thatcher)
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To: Qbert

Because of technological change and competition, the Constitution needs to be ammended to allow privatization of the need for a post office.

Think of all the dead wood that infests management and all of their horrible employees, especially in those failed states and major cities.


5 posted on 03/25/2011 8:53:48 AM PDT by Tea Party Reveler
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To: Brookhaven

Eliminate or significantly reduce massive TV commercial ad campaigns.

Don’t send stuff to our house (3 copies of each) such as CDs with which I can print postage at home or glossy print ads pushing the available priority mail or flat rate boxes services.


6 posted on 03/25/2011 8:54:00 AM PDT by NEMDF
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To: Qbert

RAISE POSTAL PRICES ON JUNK MAIL...


7 posted on 03/25/2011 8:57:25 AM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole....)
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To: Qbert

I predict in 20 to 25 years, there will be no more postal delivery. We will all need to spend our money on gas to go to a central location to pick it up.

It’s coming. No way they can sustain themselves.


8 posted on 03/25/2011 9:12:15 AM PDT by Red in Blue PA (For the first time in my adult life, I'm scared of my government.)
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To: hosepipe

not likely to happen. it would adversely affect the political parties.


9 posted on 03/25/2011 9:45:18 AM PDT by freespirited (Truth is the new hate speech. -- Pamela Geller)
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To: Qbert

The Postal Service is offering a **$20,000** buyout to thousands of veteran workers as part of its bid to eliminate 7,500 administrative jobs.
In the real world a company would call for a layoff,so much for cutting bureaucracy.


10 posted on 03/25/2011 9:46:17 AM PDT by Vaduz
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To: Vaduz

“The Postal Service is offering a **$20,000** buyout to thousands of veteran workers as part of its bid to eliminate 7,500 administrative jobs.
In the real world a company would call for a layoff,so much for cutting bureaucracy.”

—It depends if you re-fill the positions, or not.


11 posted on 03/25/2011 9:56:27 AM PDT by Qbert ("I seem to smell the stench of appeasement in the air" - Margaret Thatcher)
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To: Qbert

You can say your going to re-fill the positions,but you never do it works.
And if positions are filled you make the temp workers it worked out for Bill Gates.


12 posted on 03/25/2011 10:34:19 AM PDT by Vaduz
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To: Vaduz

What I mean is, if the positions aren’t re-filled, it’s one way of cutting the size of bureaucracy. Personally, I would prefer just slashing the whole thing and letting the private sector meet demand, but it’s better than nothing.


13 posted on 03/25/2011 10:40:10 AM PDT by Qbert ("I seem to smell the stench of appeasement in the air" - Margaret Thatcher)
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To: Qbert
One thing i can't understand.
When this "buyout" thing start?

In the real world (non taxpayer paid for) you get laid of or fired, that's it.
A 1-2 month severance is considered extremely generous.

$20,000 ????

14 posted on 03/25/2011 10:40:28 AM PDT by Publius6961 (There has Never been a "Tax On The Rich" that has not reached the middle class)
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To: Qbert

Agree letting the private sector meet demand and the same with Amtrak.


15 posted on 03/25/2011 10:51:07 AM PDT by Vaduz
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To: Brookhaven

Drop Saturday delivery, I’m ok with that, but keep Tue-Thu. I need to be able to know that a letter I mail on Tuesday is going to get there Wednesday or Thursday.


16 posted on 03/25/2011 10:54:10 AM PDT by ichabod1 (Hail Mary Full of Grace, The Lord Is With Thee...)
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To: freespirited
not likely to happen. it would adversely affect the political parties.

Without comment, let me refer you to a most useful book...

Image and video hosting by TinyPic

You are dead on.
From the very beginning!

17 posted on 03/25/2011 10:54:49 AM PDT by Publius6961 (There has Never been a "Tax On The Rich" that has not reached the middle class)
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To: Publius6961

“In the real world (non taxpayer paid for) you get laid of or fired, that’s it.
A 1-2 month severance is considered extremely generous.

$20,000 ????”

- Yeah, good point. It’s basically an incentive to retire early. Theoretically, the savings from not having to pay future salary would outweigh the buyout. Not how I would do things in a perfect world, but what can you do when few politicians have the courage to try to slash the size of government?


18 posted on 03/25/2011 11:07:03 AM PDT by Qbert ("I seem to smell the stench of appeasement in the air" - Margaret Thatcher)
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To: ichabod1
Drop Saturday delivery, I’m ok with that, but keep Tue-Thu. I need to be able to know that a letter I mail on Tuesday is going to get there Wednesday or Thursday.

And you represent what...1% (if that) of the post office's customers? So the other 99% of customers should be charged more to support the 1% of customers?

Or, maybe the 1% of customers that must have a letter delivered overnight should use FexEx, which specializes in doing just that.

Tada! Problem solved. The post office can save money by going to a 3 day a week delivery schedule. And people that need their letters delivered overnight can use FedEx.

19 posted on 03/25/2011 1:53:34 PM PDT by Brookhaven (Moderates = non-thinkers)
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