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Diane Publishing Books
U.S. Postal Service: Status of Workforce Reductions and Related Planning Efforts
Lori Rectanus (au)
The U.S. Postal Service (USPS) has insufficient revenues to cover its expenses, has reached its statutory borrowing limit, and has projected unsustainable losses through FY 2020. In its April 2013 5-Year Business Plan, USPS reported that it needs to save up to $20 billion annually through FY 2017 to help regain financial self sufficiency. A key area for potential cost savings is managing personnel-related costs, which account for about 78% of its expenses. This report discusses (1) actions USPS has taken since 2006 to reduce the size and cost of its workforce and the results of those actions; (2) the status of other options USPS has identified to reduce workforce costs; and (3) steps that USPS has taken to implement workforce planning. Tables and figures. This is a print on demand report.
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