Postal Service is considering cutting as many as 120,000 jobs

 Cash-strapped USPS may cut 120,000 jobs

"...the agency also wants to pull its workers out of the retirement and health benefits plans covering federal workers and set up its own benefit systems...."

Reference: www.cbsnews.com 

USPS Answer: More job cuts?

  More USPS red ink to lead to bloodletting "...Chief Financial Officer Joseph Corbett is predicting growth in mail volume next year. He says the Postal Service will have to handle it with fewer people.

The announcement of impending job cuts comes as the Postal Service is in contract negotiations with two of its unions, with two more scheduled to be negotiated next year. ..." Reference: www.federalnewsradio.com