'Billion-dollar bet' on Postal Service

Federal Times: The Postal Service wants to cut its workforce, expand into new markets and products, and modernize all of its systems as part of its bid to transform itself into a highly-responsive digital organization.

The Postal Service plans to shrink its workforce by 10,000 positions in fiscal 2015, according to Postmaster General Patrick Donahoe. The reductions will be entirely through attrition — there will be no buy-outs or reductions in force — Donahoe said at a media roundtable at the annual National Postal Forum.

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