USPS Faces Severe Financial Struggles with $9.5 billion net loss and Postal General Resignation
The United States Postal Service (USPS) is grappling with unprecedented financial losses, reporting a staggering $9.5 billion net loss for the fiscal year 2024, a sharp rise from the previous year’s $6.5 billion deficit. This loss has triggered a significant leadership change, as Postmaster General Louis DeJoy has announced his decision to step down. The […]
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