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Post Office Offering Buyouts to Thousands

By
Real Estate Broker/Owner with Hamm Homes

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Postmaster General Louis DeJoy announced a plan to trim the USPS workforce by 10,000 employees through a voluntary early retirement program. In a letter to Congress on Thursday, DeJoy stated the goal is to cut costs at the financially struggling agency, which currently employs about 635,000 people. The retirement program was initially announced on January 13th.

Adding intrigue to the cost-cutting measures, DeJoy confirmed the involvement of the Department of Government Efficiency (DOGE), led by Elon Musk. DeJoy signed an agreement with the General Services Administration and DOGE to help identify further efficiencies within the USPS.

A source indicated this move is intended to appease DOGE. DeJoy’s first meeting with DOGE representatives reportedly took place earlier this week.

The collaboration will include an examination of the Postal Regulatory Commission, an agency DeJoy criticized in his letter, claiming it has caused over $50 billion in damages to the Postal Service. The commission fired back, calling DeJoy’s comments “false” and emphasizing its role in ensuring universal service and fair competition in the postal market.

This news comes as DeJoy prepares to step down from his position, though a successor has yet to be named by the White House. The Postal Service recently reported a nearly $10 billion loss for the fiscal year ending September 30, 2024.

Comments(8)

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GilbertRealtor BillSalvatore
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thanks for sharing, make it a great Saturday and enjoy your weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

Mar 15, 2025 10:20 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bill, I just wonder if they go to mail delivery only to 5 days soon.

 

Mar 15, 2025 10:26 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks, Will, for sharing this report.  Many of us wonder about the future of mail service.

Mar 15, 2025 10:36 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Postal service is so important in rural areas, I do hope that delivery services are not harmed.

Mar 15, 2025 12:48 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Will Hamm the Post Office has become a shell of what it use to be.  Cost have substantially gone up, and service gone down.  It is obvious to me that changes have to be made.  Hopefully a new Postmaster General can put the Post Office back on the right track.

Mar 15, 2025 02:35 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Will, this is very scary since I just put someone in a new home in September, and she started with the post office then too.   I sent a text, prayers said for her.

Mar 15, 2025 03:20 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Will - the name United States Postal Service tells much.  Will "time" say more.  I digress. . .   

Mar 16, 2025 07:42 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

It's important to understand this is a voluntary reduction in force at the moment - no one has to accept the offer, and it's only being offered to certain job titles.

Mar 16, 2025 07:55 AM