>USPS To Close Six District Offices

>USPS To Close Six District Offices: “The U.S. Postal Service, which has been searching for cost-cutting measures since its $2.8 billion loss in fiscal 2008, announced March 20 plans to close six of its 80 district offices. In addition, other positions will be eliminated nationwide and many more will be offered early retirement, resulting in annualized savings of more than $100 million.”

Believe it or not, this is very good news. USPS generates less income than expenses. The post office has gotten too redundant in their locations and I am glad to see consolidation of centers. Other businesses do this when it makes financial sense. Hopefully, these are the right changes to make the USPS profitable. They have been unprofitable for far too long. I’d also like to see a better process for firing incompetent or apathetic employees, but I think I might be asking too much considering they have a union to protect certain undeserving employees.

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