"...The U.S. Postal Service may resort to early retirements and buyout offers as a way to slash its staff by 66,000 employees this year and another 51,000 next year. Combined, the planned cuts over the next two years amount to more than one-fifth the agency's workforce...."
Reference: www.federaltimes.com
Microsoft’s plan for reducing its workforce: Retirement buyout vs. layoff
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*Article Excerpt:* "...Employees at and below the senior director level
whose age and tenure at Microsoft add up to at least 70 are eligible for
what is...