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

  1. #13

    Default Re: Postal Service To Cut 120,000 Jobs

    Quote Originally Posted by James48843 View Post
    Postal Service may cut 120,000 jobs
    The link required me to login so I couldn't read it, but here is the Wasington Post's headline on this:

    Postal Service proposes cutting 120,000 jobs, pulling out of health-care plan

    "The financially strapped U.S. Postal Service is proposing to cut its workforce by 20 percent and to withdraw from the federal health and retirement plans because it believes it could provide benefits at a lower cost."

    Better plan than the FEHB healthcare? Interesting.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  3. #14

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    Default Re: Postal Service To Cut 120,000 Jobs

    Obamacare?

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  5. #15

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    Default Re: Postal Service To Cut 120,000 Jobs

    Cut health care AND retirement. I presume they mean taking Post Office out of FERS. That should be an interesting fight.

    Good thing I get first class mail for just .44 cents, AND corporations get junk mail at less than half that price.

    That's right- While you get to pay retail .44 cents, some bulk-mailers get to send YOU junk mail, for as low as 13.9 cents a piece.

    Thank goodness for discounted junk mail.

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  7. #16

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    Default Re: Postal Service To Cut 120,000 Jobs

    Everyone should fill out those business reply postcards to request free catalogs.

    I'm being serious...

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  9. #17

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    Default Re: Postal Service To Cut 220,000 Jobs

    Now they are upping the number to 220,000 jobs cut-

    U.S. Postal Service looks to cut 220,000 jobs

    WASHINGTON (Reuters) - The U.S. Postal Service would eliminate about 220,000 full-time jobs and shutter about 300 processing facilities by 2015 under a proposal to bring its finances in order, a postal official said on Friday.
    The Postal Service needs to cut payrolls to about 425,000 employees and take over its retirement and health benefits instead of participating in federal programs, Postmaster General Patrick told Reuters.

    The mail carrier, which receives no taxpayer funds, has been struggling with falling mail volumes as people communicate increasingly by email and pay bills online.

    The agency reported a $3.1 billion net loss in its most recent quarter. It expects to be insolvent next month and default on a $5.5 billion retiree health payment.
    More:

    http://news.yahoo.com/postal-looks-c...175217611.html

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  11. #18

    Default Re: Postal Service To Cut 220,000 Jobs

    What's the solution? The Chinese have their own postal service and don't want to lend for ours. IMHO the Defense Department, all Branches and DOD Agencies, should be initiating hiring freezes and reducing military and civilian staffing in an orderly way now to glide slope the numbers without hurting people. But, they'll do like the PO, hand out RIF notices and people will get hurt. Even your bud Beckles, when asked what to do in order to keep up transfer payments to individuals to avoid London style riots, said cut Defense.


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  13. #19

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    Default Re: Postal Service To Cut 120,000 Jobs

    Quote Originally Posted by Buster View Post
    [edit]...You make it sound like it's the big corporations fault for their bulk mail rates and screwing YOU for the higher postal rates for your first class mail...It is the USPS that sets those rates, not the big corporations….geesus!
    Gee there Buster- who do you think sets postal rates?

    Hint- It is NOT the USPS.

    If USPS could set their own market-based postal rates, we wouldn't even be having this conversation.

    I'm not complaining about .44 cents for a first class letter. I'm happy to pay that, and then some, since the U.S. Postal Service is FAR FAR superior to private corporations. Let's see FEDEX or UPS try to deliver a letter for .44 cents.

    I'm pissed that junk mail corporations can pay just .136 cents for the same service that I have to pay .44 cents for.

    Why do we subsidize corporations?

    How about we take care of PEOPLE instead of corporations?

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  15. #20

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    Default Re: Postal Service To Cut 120,000 Jobs

    Maybe it's because corporations send out hundreds of thousands of pieces of mail. dunno.gif

    It's called bulk rate because they mail in bulk. Not to mention that it's pre-sorted.thumb.gif

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  17. #21

    Default Re: Postal Service To Cut 120,000 Jobs

    Quote Originally Posted by James48843 View Post
    Gee there Buster- who do you think sets postal rates?

    Hint- It is NOT the USPS.

    If USPS could set their own market-based postal rates, we wouldn't even be having this conversation.

    I'm not complaining about .44 cents for a first class letter. I'm happy to pay that, and then some, since the U.S. Postal Service is FAR FAR superior to private corporations. Let's see FEDEX or UPS try to deliver a letter for .44 cents.

    I'm pissed that junk mail corporations can pay just .136 cents for the same service that I have to pay .44 cents for.

    Why do we subsidize corporations?

    How about we take care of PEOPLE instead of corporations?
    Again you don't know what you're talking about..Like KevinD said; Since Corps are mailing zillions of pieces of mail, the USPS sets the rate for such large amounts of mail..Like any other facets of buisness, the more you buy of a widget, the less you pay per unit price..nothing new..so get use to it, it's a fact of life in business economy 101..

    You'll just have to start making a better living for your self, other than hoping Uncle Sam sends you a pay check every two weeks from taxpayer taxes....Ooooh Noooo Mr Bill..!
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  19. #22

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    Default Re: Postal Service To Cut 120,000 Jobs

    Quote Originally Posted by Buster View Post
    Again you don't know what you're talking about..Like KevinD said; Since Corps are mailing zillions of pieces of mail, the USPS sets the rate
    Once again Buster, if you think the USPS sets the postal rates, you are ignorant.



    Rates are set by the Postal Rate Commission, (Postal Regulatory Commission), a group appointed by the President to fixed terms of service, and are totally independent of the USPS. It's a five member panel. The current panel was appointed by....now get this- by George W. Bush for two of the members, and 2 were appointed by President Obama. A fifth panel member is awaiting confirmation by the Senate - but the Senate is dragging it's feet on all of President Obama's nominations.

    They are lobbied very heavily by the corporations to reduce rates- see

    http://www.prweekus.com/postal-commi...rticle/180221/ about the last Postal Rate increase request which was DENIED, and the 900 lobbing corporations who fought a 2 cent rate increase request.

    NO, BUSTER, THE USPS DOES NOT SET THEIR OWN RATES.

    The good news here, Buster, is that your ignorance can be cured by education.

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  21. #23

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    Default Re: Postal Service To Cut 120,000 Jobs

    A little education for you Buster-

    This is who turned down the .2 cent Postal rate increase request that the USPS WANTED to get:

    Two were republican, two were dems. The 5th seat is currently awaiting Senate confirmation.


    Chairman Ruth Y. Goldway (D) Nov, 22, 2014
    Vice Chairman Mark Acton (R) Oct, 14, 2010
    Commissioner Nanci E. Langley (D) Nov, 22, 2012
    Commissioner Tony Hammond (R) Oct, 14, 2010


    Awaiting Senate Confirmation is Robert Taub, who was nominated earlier this year.
    He has not yet been confirms- his nomination, like many others, is awaiting Senate action.

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  23. #24

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

    And here is a story about how the law operates when the USPS wants to do a rate increase.
    http://www.dmnews.com/mailers-plan-c...rticle/173179/

    They are limited by law to no more than inflation, UNLESS there are :extraordinary or exceptional circumstances". . Guess what? Last year, because there is no inflation, the USPS was prohibited from being granted a rate increases by law, unless they could convince the Postal Regulatory Commission of some "extrordinary or exceptional circumstance". More than 900 CORPORATIONS lobbied against the increase, and guess what? The Commission denied the USPS request.

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



    Everything.

    And they will continue to squeeze the little worker, because you all are convinced that things will get better if we just destroy Unions, teachers, and anything that could possibly lift the educational accomplishment in this country- and thereby the benefits for employees (No, it won't, but that won't stop the money people from doing it).


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