U.S. Postal Service to shed another 30,000 jobs

NEW YORK (CNNMoney.com) — The U.S. Postal Service said on Tuesday that it would reduce its workforce by another 30,000 positions and slash overtime this year in an effort to reduce costs.Together these staffing reductions will result in cost savings equivalent to eliminating 50,000 full-time positions, according to Chief Financial Officer Joseph Corbett.Corbett said the [...] continue reading world news