USPS Board Exploring Cost-Cutting Measures

The USPS is currently implementing major cost reduction efforts throughout its retail, delivery and mail processing operations. Since 2006, the organization has reduced its annual cost base by approximately $15 billion and reduced the size of its career workforce by 168,000 people, or 24 percent. During these cost-cutting initiatives, the USPS says it continued to deliver record levels of service to its customers.