USPS Losses Deepen, Shortfall Looms
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
“Sluggish economic growth and diversion of First-Class Mail to electronic alternatives continue to cause record losses, despite a reduction of over 130,000 full-time equivalents in the last three years,” added Joseph Corbett, CFO and executive vice president.
The Postal Service reduced work hours in the second quarter by 9.6 million hours or 3.2 percent. The number of career employees on March 31 was 571,566, a reduction of 6,726 employees during the second quarter.
« Previous 1 2 3 4 All
0 Comments
View Comments
- People:
- Patrick Donahoe
Related Content
Comments