"Post Office offering early retirement; $1.5b projected loss in '08 prompts move" by Associated Press | August 21, 2008
WASHINGTON - Faced with losses that could near $1.5 billion this year, the US Postal Service is offering early retirement - without incentives or bonuses - to thousands of clerks, mail handlers, and supervisors.
WTF? They RAISED RATES all over the place, and they STILL LOST $$$?
WHERE is this $$$ going?!
The push to cut costs involves retirement offers to workers 50 and older who have 20 years of service and employees of any age who have 25 years of service.
Why would the guys I know want to retire from a job that is a retirement?!
Who wants to "retire" from three-hour lunches and mid-afternoon naps when you are getting paid for them?
Besides reducing staff, the Postal Service is seeking to consolidate or close mail handling facilities because of declining mail volume. The agency earlier had proposed having a private company operate its bulk mail centers nationwide.
What can BROWN do for you, Post Office?
The volume of first class mail, the top income source, declined by more than 3 billion items in the first nine months of this fiscal year as both individuals and businesses continued to turn increasingly to electronic communications. Other mail categories were also down.
Then why does the wait in line take even longer?
But at the same time the nation's growing population and business community is producing roughly 1.8 million new places each year that mail must be delivered to six days a week.
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WTF? They have LESS MAIL and MORE PLACES to DELIVER?
Where did all that $$$$ go, too?
