USPS to lay off 120,000 workers
#1
Gets Weekends Off
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Joined APC: Jul 2007
Position: 744 CA
Posts: 4,772
USPS to lay off 120,000 workers
Don't be leaving aviation for the USPS.......
NEW YORK (CNNMoney) -- Hundreds of thousands of postal workers could soon lose their jobs, or face drastic changes to their benefits.
According to documents obtained by CNNMoney, the United States Postal Service is appealing to Congress to remove collective bargaining restrictions in order to lay off 120,000 workers. It also wants congressional approval to replace existing government health care and retirement plans.
The post office claims it needs to eliminate 220,000 positions, or more than 30% of its staff by 2015, but only 100,000 of those positions can be made through attrition. The other 120,000 must come from lay offs, according to the documents.
"To restore the Postal Service to financial viability, it is imperative that we have the ability to reduce our workforce rapidly," the USPS wrote.
The USPS is also asking Congress to change legislation that requires postal workers to get federal health care and retirement benefits. Instead, the Postal Service would replace them with its own benefit plans.
Currently, postal employees participate in the Federal Employees Health Benefits program, the Civil Service Retirement System and the Federal Employees Retirement System. If given congressional approval, the Post Office would replace those with new plans that would save money, while offering comparable benefits to employees, according to the documents.
10 job killing companies
In the documents, the USPS lays out the harsh reality of the situation: mounting losses, declining mail volume due both to the recession and the shift toward digital alternatives, and the need for drastic measures to cut costs.
"The Postal Service is facing dire economic challenges that threaten its very existence and, therefore, threaten the livelihoods of our employees and the businesses and employees in the broader postal industry and overall economy" a document on workforce reduction said.
It's no secret the USPS has been struggling, but it's a move that's likely to put Postal Service unions up in arms. USPS mail volume declined 20% in the four year period through the Fiscal Year 2010 resulting in net losses of over $20 billion.
In fiscal year 2010, the Postal Service suffered a $8.5 billion net loss, compared $3.8 billion the prior year. Last quarter, the U.S. Postal Service posted a loss of $2.2 billion. Its fiscal year ends in September.
In July, the Postmaster General Patrick Donahoe released a long-awaited "post office study" of nearly 3,700 potential closings in all 50 states and Washington, D.C.
NEW YORK (CNNMoney) -- Hundreds of thousands of postal workers could soon lose their jobs, or face drastic changes to their benefits.
According to documents obtained by CNNMoney, the United States Postal Service is appealing to Congress to remove collective bargaining restrictions in order to lay off 120,000 workers. It also wants congressional approval to replace existing government health care and retirement plans.
The post office claims it needs to eliminate 220,000 positions, or more than 30% of its staff by 2015, but only 100,000 of those positions can be made through attrition. The other 120,000 must come from lay offs, according to the documents.
"To restore the Postal Service to financial viability, it is imperative that we have the ability to reduce our workforce rapidly," the USPS wrote.
The USPS is also asking Congress to change legislation that requires postal workers to get federal health care and retirement benefits. Instead, the Postal Service would replace them with its own benefit plans.
Currently, postal employees participate in the Federal Employees Health Benefits program, the Civil Service Retirement System and the Federal Employees Retirement System. If given congressional approval, the Post Office would replace those with new plans that would save money, while offering comparable benefits to employees, according to the documents.
10 job killing companies
In the documents, the USPS lays out the harsh reality of the situation: mounting losses, declining mail volume due both to the recession and the shift toward digital alternatives, and the need for drastic measures to cut costs.
"The Postal Service is facing dire economic challenges that threaten its very existence and, therefore, threaten the livelihoods of our employees and the businesses and employees in the broader postal industry and overall economy" a document on workforce reduction said.
It's no secret the USPS has been struggling, but it's a move that's likely to put Postal Service unions up in arms. USPS mail volume declined 20% in the four year period through the Fiscal Year 2010 resulting in net losses of over $20 billion.
In fiscal year 2010, the Postal Service suffered a $8.5 billion net loss, compared $3.8 billion the prior year. Last quarter, the U.S. Postal Service posted a loss of $2.2 billion. Its fiscal year ends in September.
In July, the Postmaster General Patrick Donahoe released a long-awaited "post office study" of nearly 3,700 potential closings in all 50 states and Washington, D.C.
#2
Gets Weekends Off
Joined APC: Jun 2007
Posts: 361
Don't see any reason to have mail delivered more than 2 days a week. Heck, I wouldn't complain if it was twice a month. It's archaic. I would think in 10 years there will be no reason to have the USPS. FEDEX and UPS or any other PRIVATE company will be good enough.
#4
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Joined APC: Nov 2009
Posts: 5,188
#6
Gets Weekends Off
Joined APC: Feb 2006
Posts: 490
It's all about you, then? My neighbor's business depends on daily service. His margins would evaporate with a private service. FedEX and UPS are NOT set up to deliver to every home, everyday. Their business model does not even remotely allow for that.
#8
If you can't cut it then lie, lie ,lie........
Unbelievable: AFL-CIO Affiliated Postal Workers Union Launches Whopper Ad Campaign
This is the sort of behavior that gives unions a bad name.
Unbelievable: AFL-CIO Affiliated Postal Workers Union Launches Whopper Ad Campaign
This is the sort of behavior that gives unions a bad name.
#10
Gets Weekends Off
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Joined APC: Jul 2007
Position: 744 CA
Posts: 4,772
i have no beef with the postal service. I have several friends employed there. both tolerate their jobs. The postal service needs some big changes to compete. Getting rid of saturday delivery would be a big start. Less Post Offices would help..... and hell... just charge a few pennies more. I still see a need moving forward for the postal service just in different ways than in the past.
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