"…The Postal Service also wants to offer more early retirements beyond the 8,000 employees who have so far agreed to retire early. Potter said the Postal Service has asked the Office of Personnel Management for permission to offer more early retirements through the rest of the year. The Postal Service cut 26.9 million work hours in the first quarter of fiscal 2009, and expects to meet a goal of cutting 100 million hours this fiscal year, Potter said. That would be twice the amount cut last year. Rumors that the Postal Service will not be able to cover its payroll costs later this year are an “exaggeration,” Potter said. He told Federal Times that the agency would first sink further into debt before letting that happen…"
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Tribute To APWU Members & Family Killed In Action:
The Very Real Threat Of Postal Privatization:
The series:
- The Very Real Threat Of Postal Privatization
- The History of Postal Privatization [And How It Works]
- What a Privatized Postal Service Would Look Like [forthcoming]
- The ‘Perfect Storm’ That Threatens Us [forthcoming]