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Postal Service proposes cutting 120,000 jobs, pulling out of health-care plan
Washington Post ^ | 08/11/11 06:32 PM ET | By Joe Davidson,

Posted on 08/12/2011 6:41:40 AM PDT by Lazamataz

SEATTLE — The financially strapped U.S. Postal Service is proposing to cut its workforce by 20 percent and to withdraw from the federal health and retirement plans because it believes it could provide benefits at a lower cost.

The layoffs would be achieved in part by breaking labor agreements, a proposal that drew swift fire from postal unions. The plan would require congressional approval but, if successful, could be precedent-setting, with possible ripple effects throughout government. It would also deliver a major blow to the nation’s labor movement.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: po; postal; postalservice; usps
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To: prairiebreeze

Business point taken. I’m talking about residential delivery.


21 posted on 08/12/2011 11:03:17 AM PDT by Locomotive Breath
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To: Beaten Valve

....cutting 120,000 postal jobs a good start...

The Wall Street Journal’s story puts it at 220,000 (as of 8:28PM Friday)

http://online.wsj.com/article/SB10001424053111904823804576504792300989496.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsSecond

At least this story seems to be moving in the right direction.


22 posted on 08/12/2011 5:45:51 PM PDT by Mobties (Reduce the government footprint! Let the markets work!)
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To: Lazamataz

Baroom!!!

A shot across the bow.


23 posted on 08/12/2011 6:04:39 PM PDT by bert (K.E. N.P. +12 ....Rats carry plague)
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