USPS Partners With DOGE to Address Financial Struggles, Plans Workforce Reduction
Postmaster General Louis DeJoy announces collaboration with Elon Musk's Department of Government Efficiency to cut costs and streamline operations.
- The U.S. Postal Service has entered into an agreement with the Department of Government Efficiency (DOGE) to identify and implement cost-saving measures.
- Postmaster General Louis DeJoy highlighted the USPS's ongoing financial challenges, including a $9.5 billion loss in fiscal year 2024, despite recent improvements in profitability.
- As part of the plan, the USPS will offer a voluntary early retirement program to reduce its workforce by 10,000 employees over the next 30 days.
- DeJoy outlined several inefficiencies for DOGE to address, including mismanagement of retirement assets, workers’ compensation programs, and regulatory hurdles that have cost billions annually.
- Critics, including Rep. Gerald Connolly and postal worker unions, warn that the partnership with DOGE could lead to privatization, negatively impacting rural communities and raising service costs.