The US postmaster general, Louis DeJoy, said on Tuesday he had asked the US Postal Service (USPS) governing board to identify his successor.
In November, DeJoy warned that the post office, which has lost more than $100bn since 2007, must continue to cut costs or will remain on the path to either a “government bailout or the end of this great organization as we know it”.
USPS did not say when DeJoy – who has headed the agency since 2020 – plans to step down. His announcement comes weeks after Donald Trump took office.
USPS is implementing a 10-year restructuring plan announced in 2021 that aims to eliminate $160bn in predicted losses over the next decade. USPS now projects $80bn in losses over the period and plans further cuts to address the shortfall.
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