USPS to cut 10,000 jobs under new agreement

The U.S. Postal Service (USPS) has signed an agreement with Elon Musk's Department of Government Efficiency (DOGE) to cut 10,000 jobs and reduce its budget by billions. This move aims to address financial challenges faced by the agency. Postmaster General Louis DeJoy stated that USPS has a "broken business model" and needs significant changes to avoid further losses. The agreement seeks to improve efficiency and tackle issues like mismanagement and regulatory constraints. Critics, including some lawmakers, express concern that these cuts could harm mail delivery services, especially in rural areas. They fear that the agreement may lead to privatization and negatively impact the jobs of postal workers.