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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.