USPS Continues Its Cost-Cutting Moves

Cutting more than 100 million work hours, the equivalent of 57,000 positions;
Halting construction of new postal facilities;
Closing six district offices;
Negotiating an agreement with the National Association of Letter Carriers that adjusts letter carrier routes to reflect diminished volume;
Instituting a nationwide hiring freeze;
Reducing authorized staffing levels at postal headquarters and area offices by at least 15 percent;
Selling unused and under-utilized postal facilities;
Adjusting Post Office hours to better reflect customer use; Consolidating mail processing operations; and
Freezing salaries of all Postal Service officers and executives.

“This decision reflects our desire to provide a fair and equitable opportunity for some of our longest-serving employees,” said Anthony Vegliante, chief human resources officer and executive vice president. “It is important to the Postal Service that we take appropriate measures to address our current financial situation.”