The Postal Service is slashing costs as its new leader aims to advance a controversial 10-year transformation plan.
- Nearly 10,500 U.S. Postal Service employees accepted the agency’s voluntary early retirement offer this year, according to its Q3 results for fiscal year 2025.
- The $15,000 payout per employee was available to eligible employees in crafts such as mail handler, clerk, maintenance and information technology, with separations taking effect April 30. The opt-in rate landed close to the Postal Service’s expectations, as the agency expected around 10,000 employees to participate.
- The program built upon previous Postal Service reductions of 30,000 employees since fiscal year 2021 as part of the agency’s push to trim operating costs. The agency employed 623,000 people as of June 30, down from 634,500 three months earlier.
