U.S. Postal Service plans to close hundreds of facilities to save money

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The U.S. Postal Service has yet another plan to save money — but it might make snail mail even slower.

The mail delivery service — facing mounting financial losses that may top $10 billion by month's end — announced plans Thursday to close hundreds of facilities that sort the mail as part of a four-year effort to cut $20 billion, slash hundreds of thousands of jobs and permanently reshape itself as a leaner organization.

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Joby Warrick 16 Sep, 2011


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Source: http://feeds.washingtonpost.com/click.phdo?i=77cdcc19a3867b0154b3da5349a3dbca
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