Cash-Strapped USPS Relents On Rural Post Office Cuts

Law360, New York (May 9, 2012, 2:13 PM EDT) -- The U.S. Postal Service said Wednesday it would scrap a plan to shutter thousands of struggling rural post offices and instead reduce hours, part of an effort to save $500 million a year and stave off impending bankruptcy.

Under the plan, about 13,000 rural post offices would offer between two and six hours of window service each day, thereby shifting employees from full-time hours to part-time hours, the USPS said. In addition, the USPS said it would seek to slash labor costs by offering buyout packages...
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