Wednesday, March 25, 2009
Posted 2009/03/20 at 2:13 pm EDT...Mar. 20, 2009 (Reuters) — "The U.S. Postal Service said on Friday it is closing six of its 80 district offices. In addition, administrative staff positions at district level nationwide are being reduced by 15 percent and nearly 150,000 employees nationwide being given opportunity to take an early retirement."
150,000 facing EARLY retirement ?????? An "Opportunity"??? Or Pink Slip ? This story has barely gotten mentioned in the news, and yet it impacts so many thousands. I am wondering have ALL options been examined to help this situation ? Reduced hours ? Different schedules ? Merging Offices.
AND YET The Bonus Question Once again Rears it's ugly head......Postal General is still giving Bonuses even in these Economically struggling times.... In this February 19th article we learn that even though the Post Service has lost over 2 Billion dollars the Management rewarded themselves with Bonuses....even though there is No Performance that deserves Rewarding ? Read the snippet below...
"As the U.S. Postal Service considers cutting delivery service in the face of dwindling mail volume and rising costs, the postmaster general received a big pay raise and a performance bonus last year, all authorized by Congress.Postmaster General John Potter's base salary climbed to $265,000 last year from $186,000 in 2007. He also received a performance bonus of $135,000. In all his total compensation -- salary, bonuses, retirement benefits and other perks -- topped $850,000, a spokesman with the U.S. Postal Service told FOXNews.com on Wednesday.
At the same time, the Postal Service, an independent federal agency, is crumbling alongside the economy and as online communications increase competition. The Postal Service lost $2.8 billion last year when total mail volume recorded 202 billion pieces of mail, its largest single drop in history -- down more than 9 billion pieces from a year earlier."