USPS to cut 10,000 jobs and costs significantly

Postmaster General Louis DeJoy plans to cut 10,000 jobs and billions from the U.S. Postal Service budget. This will be done in collaboration with Elon Musk's Department of Government Efficiency to address ongoing financial issues. The cuts will occur through a voluntary early retirement program within the next 30 days. USPS currently employs about 640,000 workers and has previously announced plans to reduce operating costs by over $3.5 billion annually. Critics express concern that these changes may harm service, especially in rural areas. The National Association of Letter Carriers opposes any move toward privatization, emphasizing the importance of maintaining universal service for all Americans.