The U.S. Postal Service is offering a $20,000 early retirement incentive to eligible employees in its bid to slash 7,500 positions, and it also is closing seven district offices, the agency announced Thursday.
The buyout offer will be available to career non-bargaining employees in targeted groups at USPS headquarters, headquarters-related field units, area offices and customer service district offices, the announcement states. Anyone wanting to take advantage of the offer must begin the optional retirement process or submit a voluntary resignation by April 25. The money will be paid out in two $10,000 installments, split between this November and November 2012.
The cuts are part of a reorganization that Postmaster General Patrick Donahoe has said will eliminate some 7,500 administrative, postmaster and front-line supervisory positions. On Thursday, he also announced plans to shutter seven of 74 USPS district offices. The seven are in: Columbus, Ohio; Troy, Mich.; Carol Stream, Ill.; Providence, R.I.; Macon, Ga.; Billings, Mont.; and Albuquerque, N.M.
Read more from the source: Federal Times