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Postal Service paying workers to quit (access required)

by Staff Writer

Published: August 26,2009

Time posted: 11:37 am

Tags: Postal Service

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The USPS is offering thousands of mail processing employees cash incentives to retire or resign by the end of this fiscal year. The cost-cutting move by the Postal Service could save it up to $500 million next year. The incentive package, negotiated with unions, would give eligible employees $10,000 during the first quarter of fiscal year 2010 and ...





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