U.S. Postal Service: Another Looming Crisis

USPS' Proactive Moves

For its part, the USPS has taken what it considers a proactive approach toward cleaning its house. More than 100,000 jobs have been reduced through attrition, early retirement packages, etc. And it is closing 2,000 facilities this year, which will result in a savings of roughly $500 million over the next two years.