Finance

New Postal Service chief launches cost-cutting

People in the US could possibly face a delay in the mail deliveries by a day or more. The delay in mail deliveries could be due to the cost-cutting efforts that are being undertaken by the new postmaster general. The new plan will relieve thousands of employees doing overtime while explaining that the employees need to adopt a different mindset so that the Postal Service is able to survive during the coronavirus pandemic.

Hereafter, late trips will no longer be authentic. According to the Postal Service leaders who have in a document said that if the postal distribution centres are running late then the mail will be kept for the next day. Another document has mentioned that one of the aspects of the changes introduced might be tough for the employees as for the time being, there might be mail that could be left behind or left on the workroom floor or docks. The changes have been introduced after Postmaster General Louis DeJoy took over the mail service. Louis DeJoy is a major donor to President Donald Trump.

A memo that had the title PMG Expectations and Plan had said that the changes are aimed at making the USPS fundamentally solvent that they are not at the moment. The memo has also cited severe revenue losses which was badly affected due to the coronavirus pandemic. The postal service has also warned that they can run out of money by the end of September, 2020 if they do not get any help from Congress. The service had reported a $4.5 billion loss for the quarter that ended in March, even before the full shutdown was implemented.

The pandemic has put the postal service on a double crisis as about 12,000 postal workers have fallen sick with 64 fatalities. The volume of letter and other flat mail has dramatically gone down and the pandemic has increased the expenditure for personal protective equipment.

Photo Credits: Pixabay

Issac

Loves social media and can’t stop retweeting the biggest trends out there.

Share
Published by
Issac

Recent Posts

Virgin Galactic takes its first flight  with tourists to the edge of space

American space craft company Virgin Galactic is ready to take the first set of space…

9 months ago

FDA approves new drug to treat post-partum depression

Post-partum depression has been one of the most common problems among women and unfortunately has…

9 months ago

Ways how exercise can improve your mental health

Exercise has always been the best way to maintain physical as well as mental health.…

9 months ago

4 Habits to do every night to improve brain health

While it is a good habit to look after your body with the help of…

9 months ago

7 Things to keep in mind while consuming fruits

Fruits have their own nutrients which are essential for the body. While their consumption is…

9 months ago

Ways to deal with High Functional Anxiety

When you look around yourself, you will find people who might be successful as well…

9 months ago