USPS Resumes Reductions, Including $10,000 Early Retirement Offers to Select Employees

One cost-cutting measure for which the U.S. Postal Service is fighting is a five-day mail-delivery week that, as mail volumes continues to decline, could help to curtail a $238 billion shortfall projected over the next decade.

However, the U.S. House of Representatives Appropriations Committee voted to block USPS' request to eliminate delivery on Saturdays, which the USPS deems to have the lowest mail volume. Unrelated, but showcasing the organization's dire financial situation, the USPS is moving forward with facility consolidations, reductions and possible layoffs if enough employees do not accept the organization's early retirement offer.