Postal Service Plans Cuts

Filed in Gather Business News Channel by on February 24, 2012 0 Comments

With the Senate and House stalling on giving financial aid, the Postal Service plans cuts in May to over 260 mail processing centers out of the currently existing 500 centers. Only 41 of the facilities will not be consolidated or closed immediately as reviews continue.

Resulting in the loss of about 35,000 jobs due to declining mail volume, this cost-saving measure is said to be able to trim an estimated $3 billion from the agency’s budget. This is so unfair to those mail workers who have been with the USPS for many years and have looked forward to an earned retirement and benefits as well as a continuing job.

Further cuts sought are the elimination of Saturday delivery and raising the price of a first class postage stamp another five cents. Is it any wonder that so many businesses and individuals have resorted to using the internet instead of the mail?

How does this closing of mail centers affect paying your bills or getting your business mail and invoices delivered? The chance of many letters getting to their destination the next day would be eliminated for the first time in 40 years, and an extra day or two would be added to the delivery time of first-class mail.

Senator Bernie Sanders (I-VT) and 26 other senators have signed a letter addressed to the congressional sponsors of postal legislation in an effort to prevent these cuts to the delivery of first-class mail. Stating how counterproductive this move would be, Senator Sanders stated, “At a time when the Postal Service is competing against the instantaneous delivery of information from email and the internet, slowing down mail delivery service will result in less business and less revenue, and will bring about a death spiral for this institution.”

Do you agree with the above assessment?

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