The United States Postal Service announced cuts are on the horizon. More than 500 facilities are expected to close next year. Next day delivery will also be canceled which will delay deliveries, in the future plan on 2-3 days instead. These cuts will reportedly save them $3 billion dollars over time and help them avoid bankruptcy.
This comes at the worst time possible. The new U.S.unemployment figures were released last week, dropping to under 9%. How many people will now lose their jobs? They reported none for now…but if they are closing half of their facilities, this seems unlikely.
Read more via 2011: HOW WILL U.S. POSTAL SERVICE CUTS AFFECT YOU?.
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