Postal Service to reduce workforce by 10,000

The Postal Service plans to shrink its workforce by 10,000 positions in fiscal 2015, according to Postmaster General Patrick Donahoe.

The reductions will be entirely through attrition — there will be no buy-outs or reductions in force— Donahoe said at a media roundtable at the annual National Postal Forum at the National Harbor in Prince George’s County, Md.

“We have been good planners and we use overtime and other things to work our way through that,” he said.

He said the Postal Service has been able to reduce its workforce by about 320,000 since fiscal 2000 and avoid reductions-in-force because its average employee age is 52 and through careful management.

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