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The United States Postal Service said today that it will offer early retirement to 150,000 workers, cut management and close offices. Last year the government run service lost $2.8 billion and may be looking at larger losses for this year.

It said that it will cut 15% of its management staff across the country.

Last year when early retirement was offered to the employees, unions discouraged workers from taking the offers.  With the newest round of early retirement offers, the post office didn’t give any monetary incentive details. Without severance pay, the union will continue to discourage members from accepting the early retirement offer.

A month or two ago, there was a story about the Postmaster General asking to cut delivery from six days a week to five, but it seems like it never really came up again.

Jeremy

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