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Tag Archives: Patrick Donahoe

Postal Service Changing Overtime, Increasing Buyouts

The U.S. Postal Service will enter another round of buyouts and reduce the number of overtime hours as it prepares to eliminate Saturday first-class mail delivery, Federal News Radio reports. Jason Miller writes the agency has eliminated 306,000 jobs during the last 13 years and this shift in schedule will …

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Postal Service Temporarily Shifts CFO, CIO Roles

Postmaster General Patrick Donahoe announced Monday that Chief Information Officer Ellis Burgoyne will not return to work fulltime by October due to a serious health issue, Federal Times reports. Donahoe also announced a series of shifts in the agency’s executive ranks until Burgoyne returns. Chief Financial Officer Joe Corbett will …

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Post Office Head Compares Agency Shortfalls To Greece

Postmaster General Patrick Donahoe recently compared his agency’s financial situation to that of Greece, Reuters reports. At a recent conference, he said the agency’s debt-to-revenue ratio similar to Greece’s debt-to-GDP ratio, Emily Stephenson reported. Donahoe does not believe the agency will default on payments or need taxpayer funding to ease …

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Postmaster General Says Agency Should Run Own Healthcare

The Postal Service has proposed using its own healthcare plan to manage costs, Federal News Radio reports. Postmaster General Patrick Donahoe told the House Oversight subcommittee on federal workforce Tuesday that a USPS-sponsored plan could potentially save the agency $7 billion annually. The Postal Service projects deficits exceeding $21 billion annually by 2016 …

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Post Office Footprint Shrinking, Donahoe Says

The Postal Service is moving forward with plans to shrink its overall footprint, Postmaster General Patrick Donahoe told CNN in an interview Sunday. The postal service is considering plans to consolidate offices and implement a $20 billion plan to transition to a five-day operation from the current six-day delivery operation. …

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Bipartisan Senate Plan Lets Postal Service Use Fund Surplus

The Postal Service has requested help from Congress many times to assist the independent agency tackle its steep financial crisis. A bill introduced Wednesday by Sens. Joe Lieberman (I-Conn.), Susan Collins (R-Maine), Tom Carper (D-Del.) and Scott Brown (R-Mass.) would give the agency access to a retirement fund surplus to …

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