USPS Plans to Cut 27,000 Jobs As They Close Plants

February 23, 2012

News outlets are being bombarded today with news of USPS closing and consolidating plants nationwide.

Bloomberg tells us that USPS estimates an annual loss of $18.2 billion by 2015 and USPS plans to eliminate 4.9% of its workforce as they close almost half of their processing plants.

Bloomberg: The U.S. Postal Service, which predicts an annual loss of $18.2 billion by 2015, plans to eliminate 4.9 percent of its workforce by closing almost half of its mail-processing facilities to cut costs. The service plans to shut 223 of its 457 mail-processing plants by February 2013, Postmaster General Patrick Donahoe said in a telephone interview today. The Postal Service will cut about 27,000 jobs through attrition, he said.

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