Major Down-Sizing: 2000 Postal Branches Could Be Cut

By Scott Sarvay

January 25, 2011 Updated Jan 25, 2011 at 5:31 PM EST

UNDATED (Indiana’s NewsCenter) - As many as 2,000 postal stations and branches are slated to close this year.

The reason for the closures, major drops in volume and revenue.

Just last year, the USPS suffered a net loss of $8.5 billion.

Congress will have to approve the down-sizing first.

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