Postmaster General Louis DeJoy plans to cut 10,000 jobs and slash billions from the U.S. Postal Service budget, working in coordination with Elon Musk's Department of Government Efficiency, according to a letter sent to Congress on Thursday.
DOGE will assist the USPS in tackling "big problems" at the $78 billion-a-year agency, which has struggled financially in recent years. The agreement also includes the General Services Administration (GSA) to help identify and implement "further efficiencies."
The planned staff reductions will occur through a voluntary early retirement program, first announced in January, which has now expanded to specify the number of employees expected to leave.
DOGE head Elon Musk, during a virtual appearance at the Morgan Stanley Technology, Media, and Telecom Conference: "I think logically we should privatize anything that can reasonably be privatized. I think we should privatize the Post Office and Amtrak, for example...We should privatize everything we possibly can."
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DOGE will assist the USPS in tackling "big problems" at the $78 billion-a-year agency, which has struggled financially in recent years. The agreement also includes the General Services Administration (GSA) to help identify and implement "further efficiencies."
Why It Matters
The USPS, which employs approximately 640,000 workers, posted a $9.5 billion loss in the fiscal year ending September 2024. This latest effort is part of a broader attempt to curb costs as the agency grapples with calls for privatization and potential restructuring under President Donald Trump's administration.The planned staff reductions will occur through a voluntary early retirement program, first announced in January, which has now expanded to specify the number of employees expected to leave.
DOGE head Elon Musk, during a virtual appearance at the Morgan Stanley Technology, Media, and Telecom Conference: "I think logically we should privatize anything that can reasonably be privatized. I think we should privatize the Post Office and Amtrak, for example...We should privatize everything we possibly can."
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US Postal Service plans to cut 10,000 jobs: What to know
DOGE will assist in tackling "big problems" at the $78 billion-a-year agency, which has struggled financially in recent years.
