Home / Post Office / Bad economy puts post office $2.8 billion in red (San Francisco Chronicle)

Bad economy puts post office $2.8 billion in red (San Francisco Chronicle)

The ailing economy caused a big drop in mail, leaving the post office $2.8 billion in the red. Postmaster General John Potter said Thursday the agency is making sharp cuts in hours and overtime but added there are no plans for layoffs. Also, the cost of…

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