Tag: USPS

Overall the USPS will be requesting an 8.7 % increase. For First Class mail, the USPS will be asking for a 3 cent increase on the price of a First Class stamp, which equates to an average 8.2 % increase. For Standard Mail, the increase would be 7.3%, for Packages, 9%, for Periodicals, 10.0%, for Priority Mail, 13.5%, and for Express Mail, 9.7%. Details on the many rate cells associated with this filing won’t be ready until later this month. (figures from postcom.org)

Facing a deficit of more than $1 billion this year, Postmaster General Jack Potter yesterday announced the immediate elimination of 800 headquarters jobs and an overall 30 percent reduction in regional management staff around the country over the next several months that could result in several thousand more job cuts.

Late in the day and prior to today’s Board of Governors meeting the USPS PMG
announced the first stage in his reorganization. There are a great deal of management positions gone and there are several new names in those that are
retained. In addition several positions have been reduced from senior
VP to VP. In addition the expidited-parcel area is not contained within
this workup. This is to come. International moved from operations to
sales.