Postal Buyout Incentives, Early Retirements, and Consolidations

  Postal Service to announce new downsizing plan Thursday

"...While no wholesale closures are immediately in the works, Donahoe said, "we'll have some consolidations in the summer, the majority after the first of the year."

USPS spokesman Dave Partenheimer declined comment Wednesday on whether the cuts will be accompanied by buyouts or early retirement incentives for affected employees. But the American Postal Workers Union, which represents many plant employees, was notified late Wednesday that the Postal Service is working on an "employee incentive..."

Reference: www.federaltimes.com