Dayton
Business Journal...
U.S.
Postal
Service offers early retirement to 150,000 workers
Thursday,
March 29, 2012
The U.S.
Postal Service announced plans to offer incentives to retire to 150,000
eligible employees, CNN Money reports according to the Orlando Business
Journal.
The mass
retirement is key to the Postal Service’s plans to end its financial
dilemma.
The agency hopes to “ease the pain” with retirement packages as it
begins
closing 223 postal plants, losing up to 35,000 jobs.
Postmaster
General Patrick Donahoe said that more than one out of every four
career
employees is eligible for retirement, while another 100,000 reach
eligibility
within five years.
The goal of
the incentives: to reduce the number of career employees from 551,570
to about
400,000.
A
processing and distribution facility in Dayton is one of nine in the
state set
for consolidation and is expected to result in a net loss of 175 jobs
locally.
The Postal
Service will move all mail processing operations from the Dayton
facility to
the Columbus Processing and Distribution Center. There are a total of
432
workers at the facility. Workers will be given opportunities to
relocate.
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