Well here we go again, the USPS will be out of money by the end of August, having already lost $2,000,000,000.00 so far this year, and a total of $8,000,000,000.00 last year. To their credit they did slice 130,000 jobs in the last 14 months with another 7500 on the block for this summer.
The losses come from the huge payments they must make into the employee pension funds, and ongoing union battles trying to get more all the while they are not profitable. Also, they will not be paying back the $15,000,000,000.00 the already owe the US Taxpayers.
I ask, is the USPS still relevant?
For me business wise, 3 days a week service would be sufficient, and personally one day a week would work if I had mail delivered to my home. I do have PO Boxes....
What say you?
The losses come from the huge payments they must make into the employee pension funds, and ongoing union battles trying to get more all the while they are not profitable. Also, they will not be paying back the $15,000,000,000.00 the already owe the US Taxpayers.
I ask, is the USPS still relevant?
For me business wise, 3 days a week service would be sufficient, and personally one day a week would work if I had mail delivered to my home. I do have PO Boxes....
What say you?