The U.S. Postal Service on Thursday reported that it experienced a net loss of nearly $1.3 billion in the first quarter of fiscal 2026, as there continues to be a lack of consensus among postal leaders, stakeholders and lawmakers about how to fix the agency’s longstanding financial challenges.
Officials attributed the loss to a $634 million increase to workers’ compensation, among other spending hikes, paired with a $264 million reduction in operating revenue. In comparison, USPS saw a net income of $144 million during the first quarter of fiscal 2025.
USPS, however, experienced a net loss of $9 billion in fiscal 2025, and officials have projected that the postal agency will continue to operate in the red for fiscal 2026.
At a USPS Board of Governors meeting on Thursday, Postmaster General David Steiner and the board reiterated their argument that legislative and administrative reforms, such as raising the postal agency’s $15 billion statutory debt limit, are necessary to reverse these losses.
Can someone kindly explain to me of how raising the debt limit would reverse the operation loss. It makes no sense
Remove 40% of nonessential management jobs and end Saturday delivery.
Remove management positions for sure.
FACTS
I agree get rid of Man management positions. There’s too much management in the Postoffice and the most of its nepotism mother brother sister cousin they all hire them. They all stand around doing nothing in Management. !
Stop the fraudulent package labels.
Get better management. Our managers ain’t good at the job. Ndc needs new management. Yea I said it
Way too many supervisors each day and very few know what they’re doing.
Stop give away free shipping supplies.
Stop loading us down w/ 3rd class mail on Mondays and days after holidays (in the DPS)-we use crazy OT. Tuesdays there’s nothing and we finish early. ALSO- charge companies more when they send a coverage that’s out of order and it has to be cased in. Big time waster!
Eliminate Saturday delivery.
At that point, create a national pool of the excess employees, and offer them a chance to bid jobs in areas that are badly understaffed. If they do not want to move, give them a small buyout.
Redesign the management structure so it becomes much leaner.
Give back the responsibility of the local postmaster to hire.