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Postal Service: Will keep rural post offices open
The financially struggling U.S. Postal Service sought Wednesday to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural post offices open with shorter hours. At a news briefing, Postmaster General Patrick Donahoe said the mail agency was backing off its plan to close up to 3,700 low-revenue post offices [...]
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 [...]
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