Thousands of postmasters and full-time mail handlers have taken the first step toward accepting buyout and early retirement offers from the U.S. Postal Service, as the agency attempts to reduce its ranks through attrition to restore it to solvency.
According to USPS spokesman Mark Saunders, as many as 7,400 postmasters and full-time mail carriers signed up for the offers by the July 2 deadline. While these employees can still change their minds, USPS estimates between 3,800 and 4,200 postmasters will take the $20,000 buyout incentive available to them, and 2,800 to 3,200 full-time mail handlers are expected to take a $15,000 buyout.
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