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Sept. 18 2011 08:54 PM

Fast Company--On Thursday, the U.S. Postal Service issued a daunting public statement about its current financial woes, and possible changes to its infrastructure and services that would aim to save the snail mail organization some $3 billion a year.

Under Postmaster General Patrick Donahoe's direction, the USPS is now specifically considering the closure or consolidation of 250 processing facilities, a reduction in mail processing equipment by as much as 50%, and a dramatic decrease of the Postal Service's nationwide transportation network. Overall, the postal service could see as many as 35,000 jobs, lost--according to the official government statement. Other estimates see job losses over 100,000 at the USPS.  Read more!
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