The U.S. Postal Service has signed an agreement with Elon Musk's cost-cutting team to explore avenues for further efficiencies, as the agency continues to face financial challenges. Postmaster General Louis DeJoy noted that the Postal Service has already reduced its workforce by 30,000 since the 2021 fiscal year, with plans for an additional reduction of 10,000 through a voluntary-retirement program. Musk has previously voiced support for privatizing the Postal Service to better streamline operations, although his efficiency group does not plan to target existing workers for layoffs.
The leader of the U.S. Postal Service announced a partnership with Elon Musk's efficiency team to improve operations, emphasizing the need for financial stability and efficiency.
Postmaster General Louis DeJoy reported a significant workforce reduction at the Postal Service, indicating ongoing efforts to streamline operations and cut costs under Musk's initiative.
Musk advocates for the privatization of public services, including the Postal Service, suggesting a move toward efficiency through private sector involvement.
Despite reductions, Musk's efficiency group is not targeting the Postal Service's workforce directly, indicating a focus on operational improvements rather than layoffs.
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