The United States Postal Service (USPS) said Thursday it has saved billions of dollars annually by cutting 50 million work hours, closing unnecessary facilities, and increasing plant productivity.
The changes translate to $2.5 billion in annual savings, the agency said in a March 20 statement.
Reductions are part of USPS’ Delivering for America 10-year plan which seeks to implement several changes to boost the agency’s financial and operational efficiency.
On March 13, Postmaster General Louis DeJoy said that USPS had terminated 30,000 workers since fiscal year 2021. Another 10,000 workers are expected to be laid off within a month, he added.
In addition to work-hour savings, Delivering for America has resulted in “$2.2 billion in annual transportation cost reductions by streamlining networks and optimizing air and surface options.”
