USPS signs agreement with DOGE, agrees to cut 10,000 workers: ‘Broken business model’

"The service plans to cut 10,000 employees in the next 30 days through a voluntary early retirement program... U.S. Postmaster General Louis DeJoy informed members of Congress on Thursday he has signed an agreement with the General Services Administration and Elon Musk’s Department of Government Efficiency to cut 10,000 workers and billions of dollars from the U.S. Postal Service budget.

In a letter to Congress, DeJoy lamented that the Postal Service has a "broken business model that was not financially sustainable ...USPS listed such issues as mismanagement of the agency's retirement assets and Workers' Compensation Program, as well as an array of regulatory requirements that the letter described as "restricting normal business practice.""   
Source: www.foxnews.com

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Postal Service Looks To Cut 40,000 Jobs In First Layoff In History

"... Updated: Nov 7, 2008 11:10 PM - SHREVEPORT, LA (KSLA) - "We lost 2 billion dollars and like any other business we have to stay afloat." And to keep from sinking, the United States Postal Service is considering cutting thousands of jobs nationwide...."  
Source: www.ksla.com SHREVEPORT, LA (KSLA)

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