Donahoe stated, "The Postal Service of the future will be smaller, leaner and more competitive and it will continue to drive commerce, serve communities and deliver value."
During the fiscal year of 2010, the Postal Service had a net loss of $8.5 billion, compared to a $3.8 billion the previous year.
The closings may possibly cost the jobs of an estimate 3,000 postmasters, 500 supervisors and another 500 to 1,000 clerks, ac
Postmaster General Patrick Donahoe released a long-awaited "post office study" of approximately 3,700 potential closings in all 50 states including Washington, DC.
