POSTAL NEWS

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Showing posts with label mail trends. Show all posts
Showing posts with label mail trends. Show all posts

7.27.2009

GAO Adds Postal Service's Financial Condition to "High-Risk" List


"... To remove its financial condition from the High-Risk List the Postal Service needs to undertake a number of major structural changes, Dodaro said. In the short term, a key challenge is to cut expenses quickly enough to offset mail volume and revenue declines to avoid running out of cash to pay its expenses. In the long term, USPS should consider consolidating operations, closing unneeded facilities, and reducing its workforce to reflect new trends in mail use...."  
Source: www.gao.gov




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