US Postal Service Cuts 50 Million Work Hours, Closes Facilities to Save Billions of Dollars

Contact Your Elected Officials
The Epoch Times Header

The agency has been facing considerable losses over the past years, and is currently working with DOGE to improve efficiency.

The United States Postal Service (USPS) said Thursday it has saved billions of dollars annually by cutting 50 million work hours, closing unnecessary facilities, and increasing plant productivity.

The changes translate to $2.5 billion in annual savings, the agency said in a March 20 statement.

Reductions are part of USPS’ Delivering for America 10-year plan which seeks to implement several changes to boost the agency’s financial and operational efficiency.

On March 13, Postmaster General Louis DeJoy said that USPS had terminated 30,000 workers since fiscal year 2021. Another 10,000 workers are expected to be laid off within a month, he added.

In addition to work-hour savings, Delivering for America has resulted in “$2.2 billion in annual transportation cost reductions by streamlining networks and optimizing air and surface options.”

USPS reported an increase in revenue by $3.5 billion annually by “adapting product offerings” as First-Class Mail volume has dropped

USPS also announced implementing “refinements to service standards” which it claims will save the agency a minimum of $36 billion over the next decade through reductions in real estate, transportation, and mail and packaging costs.

Even though service enhancements are not expected to cause delays in the current First-Class Mail delivery time, changes in regional transportation schedules may extend service expectations by one day for mail collected at certain post offices locations. Overall, delivery speeds for both mail and packages are expected to improve, USPS said.

The agency plans on implementing service enhancements in two phases, with the first set to begin on April 1 and the second on July 1.

Last month, DeJoy said that the USPS has long been burdened by rules that failed to account for changes in mail volume and mix. This has resulted in “costly and ineffective” operations.

“For decades—and most specifically during the last three years—Congress has actively resisted operational solutions and meaningful change.”

USPS’ new cost reduction plan comes after the agency reported a net loss of $9.5 billion for fiscal year 2024, which was $3 billion more compared to 2023. The higher losses happened despite revenues rising slightly from $78.18 billion to $79.53 billion.

By Naveen Athrappully

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Obama Floats ‘New Forms of [State-Controlled] Journalism’

Notorious nemesis of civil liberties one and all, Barack Obama, ]apparently endorses a heavy state hand in the “regulation” of information.

Privilege Is Financial, Not Racial

If we stay divided by race, we’ll keep fighting each other while the true elites of all races thrive unseen, counting their wealth in comfort.

California Repeats Illinois’ History, PROSECUTE Newsom!

California may have improperly licensed 62,000 illegal aliens as Commercial Driver’s License (CDL) truck drivers.

The Stage Is Set For A US-Instigated Security Dilemma Between The Eurasian Rimland & Heartland

The US sends mixed signals on the Sino-Russo alliance after Trump downplayed concerns while Hegseth said he was ordered to “re-establish deterrence.”

Chambers of Horror

Using a shutdown to legislate is like using a flame thrower to light a candle, it provides light momentarily but destroys everything in its path.

New Mexico to Roll Out Free Universal Child Care On Nov. 1

New Mexico to become first state to offer no-cost universal child care to legal residents after ranking worst state in the country for child well-being.

More Than 140 Illegal Immigrant Truck Drivers Among 223 Arrested in Indiana Sting

Federal agents arrested over 140 illegal immigrant truck drivers in Indiana during a highway operation targeting public safety threats nationwide.

Brooke Rollins Denies USDA Has Money to Fund SNAP as Suspension Looms

Agriculture Sec. Brooke Rollins denied reports that her agency has money to pay for the SNAP that will be cut or suspended for beneficiaries Nov. 1.

FBI Foils Alleged Halloween Terror Plot, Arrests Multiple Suspects in Michigan

The FBI prevented a potential terrorist attack over Halloween weekend and arrested multiple suspects in Michigan, FBI Director Kash Patel said on Oct. 31.

US, South Korea Finalize Trade Deal Reducing Tariffs, Boosting American Investment

The U.S. and South Korea finalized a major trade deal on Oct. 29 as President Trump wrapped up the final hours of his Asian tour on the Korean Peninsula.

Trump, Japanese PM Sign Critical Minerals, Rare Earths Deal

The U.S. president visited Tokyo on the second leg...

Trump Hikes Canada’s Tariffs by 10 Percent for Not Pulling Anti-Tariff Ad Immediately

Trump announced he will increase tariffs on Canada by 10% after ad by provincial government of Ontario misrepresented President Reagan’s speech on tariffs.

Trump Rolls Back Emissions Rules on Copper Smelters

President Trump issued a proclamation aimed at reversing a Biden-era environmental rule that enforced stricter air emission standards on copper smelters.
spot_img

Related Articles

Popular Categories

MAGA Business Central