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Thread: Postal Service Looks To Cut 40,000 Jobs In First Layoff In History

  1. #25

    Join Date
    Sep 2008
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    West of Atlanta
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    2,580

    Default Re: Postal Service Looks To Cut 40,000 Jobs In First Layoff In History

    Quote Originally Posted by James48843 View Post


    Yes, the CORPORATIONS- the MONEY-- own everything in this country.
    Including the government.

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  3. #26

    Join Date
    Sep 2004
    Location
    Missouri
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    8,619

    Default Re: Postal Service To Cut 120,000 Jobs

    .................................................. .. here it goes.

    USPS financial woes stem from a perfect storm of events.
    1. Internet
    2. 2008 recession which dramatically reduces standard (junk) mail volumes. Junk mail is the grease on the skids.
    3. Higher fuel cost
    4. Higher health insurance rates,
    5. Bad legislation, prefunding retirees health care at a unreasonable rate not used by anyone in the pivate or public sector.
    6. Contract requirements.

    Lets look at the business facts.
    1. USPS revenue last year $67 billion, so that means we have cash flow and there is money to be made.
    2. USPS loss last year $8.5 billion, see above.
    3. No lay off clause in contract. While every USPS competitor was laying off, cutting wages, and suspending 401k contributions to keep the company viable the USPS continued to march.
    4. Over sized retail network. Way too many rural Post Office's. A office that cost USPS $70,000 to operate and brings in $4,000 to $6,000 in revenue. That rural PO need to sell $1400 in stamp a week to make a profit.
    5. Six day delivery standard. Going to 5 like our competators could save $3 billion.
    6. Right sizing pay for skill level is a big one.
    7. USPS over paid CSRS by about $50 to $75 billion and Congress won't give it back because that would require other Agencies to make up where they have been slacking.

    I could go on but I'm tired of thinking about. Look at Page A of the USPS Nation Payroll Hour Summary Report here. Look it over, it is for a two week period and I could cut enough to save about $3 billion a year without touching wages, retirement, or insurance.

    Note: USPS pays $40 million in TSP 1% and match every pay period. That is the TSP hook, lol. Payroll and benifits for a two week pay period is $1.8 billion............................every two weeks ya'll......................

    One thing is for sure Congress is to blame because management and the Unions have been telling them that we are out of money. Where is Congress? Where is that leadership Mr. President?

    You guys ain't seen nothing yet, stay tuned because it is going to be a huge train wreak in a couple of weeks. STANDBY!!!!
    Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."

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  5. #27

    Join Date
    May 2010
    Location
    Vancouver, USA
    Posts
    1,648

    Default Re: Postal Service Looks To Cut 40,000 Jobs In First Layoff In History

    Some reading to pass along:

    USPS Volume Mix Changes; Periodicals Still Declining Dr. Joe Webb on economics, strategy, marketing, and other random thoughts

    Congress hog-tied the USPS when this y2k GAO report was issued about the USPS as it related to Electronic Commerce:
    U.S. POSTAL SERVICE - Postal Activities and Laws Related to Electronic Commerce

    and linked from the first URL, the cover story of Business Week (one of the best pubs out there, IMO, and I delivered many of them):

    The U.S. Postal Service Nears Collapse

    Finally, this program sponsored by New Hampshire public radio addressing the rural delivery issue, with Ruth Goldberg from the PRC as one of the guests:
    Postal Problems - available as a podcast / broadcast here : http://www.nhpr.org/audio/audio/ex-2011-02-23.mp3.


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  7. #28

    Default Re: Postal Service Looks To Cut 40,000 Jobs In First Layoff In History

    At least this maybe some good news for our Letter Carriers...





    Congress butts in here (probably so they get their monthly Playboy subscription)..But they can't seem to get their sh!t together on keeping the rest of the honest hard working Government employee from losing their pay or jobs...BASTARDS!!!!
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  9. #29

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
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    1,786

    Default Re: Postal Service To Cut 220,000 Jobs

    sucks, i feel bad for anyone going through this right now. we have any postal workers on this site?
    I trade based on volume + price action. Price action alone only tells half the story.

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  11. #30

    Join Date
    Jan 2011
    Location
    Okinawa, Japan
    Posts
    1,457

    Default Re: Postal Service To Cut 220,000 Jobs

    Quote Originally Posted by sniper View Post
    sucks, i feel bad for anyone going through this right now. we have any postal workers on this site?
    Konakathy, rcknfrwld, I think KevinD (at least his picture looks like a mail carrier). Sorry if I'm forgetting others.

  12.  
  13. #31

    Join Date
    Dec 2007
    Location
    inland Northwest
    Posts
    4,101

    Default Re: Postal Service To Cut 220,000 Jobs

    crws is also postal service, not a mail carrier, but likely even harder worker from what I know of what he does. He hasn't been around here in some time.
    "life can only be understood backwards, but it must be lived forwards" - soren kierkegaard

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  15. #32

    Join Date
    Sep 2004
    Location
    Missouri
    Posts
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    Default Re: Postal Service Looks To Cut 40,000 Jobs In First Layoff In History

    Me, but I have applied for disability retirement.
    Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."

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  17. #33

    Default Re: Postal Service To Cut 120,000 Jobs

    i think buster might be postal too.
    100g

  18.  
  19. #34

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
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    Default Re: Postal Service To Cut 120,000 Jobs

    Quote Originally Posted by burrocrat View Post
    i think buster might be postal too.
    Not Buster!
    02/12/2020
    CRUDE Oil =
    $51.69 a Barrel, Daily Status +$1.23

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  21. #35

    Default Re: Postal Service To Cut 120,000 Jobs

    Don't forget our brother Show-me....
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  23. #36

    Default Re: Postal Service To Cut 120,000 Jobs

    Shadup Maxwell, I'm not the one ON Medication
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something


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