Direct Line Blog

Businessweek: Look for Postal Service bailout next year

Share this article:

Government bailouts have proven unpopular with the general public. However, Bloomberg Businessweek is warning that the US Postal Service might be the next organization that needs one.

The business news website explains that because the USPS can't make decisions about its own financial future in the same way that a private business can, it's more likely to fall further into financial peril.

“Any management consultant would recommend the obvious: Close unnecessary offices, lay off workers, expand into new lines of business and raise prices,” notes Businessweek's Angela Greiling Keane. “But this is the US Postal Service. It's expected to show a profit without a government subsidy, yet Congress, powerful labor unions and its own regulators are preventing it from making hard-nosed business decisions. The result could be a painful restructuring or a government bailout before the fiscal year ends next September 30.”

Share this article:

Sign up to our newsletters

Latest Jobs:


Company of the week

Data Services, Inc. meets the needs of today's data-driven marketer by providing front-end database management and data analytics platforms alongside our expertise in global contact data quality, database building and ongoing maintenance that comes with our 45+ years in business.


Find out more here »

More in Direct Line Blog

Marketing: The 'Yes, We Can Do It—Wait, What's the Question?' Department

Marketing: The 'Yes, We Can Do It—Wait, What's ...

Mo data, mo channels, mo tools, mo customer expectations—mo problems. Marketers need to get a handle on their workloads or their productivity, and their sanity, will suffer.

When CRM Morphed Into CMR

When CRM Morphed Into CMR

A Harvard Business Review study says B2B salespeople are playing catch-up in the game of customer-managed relationships.

Will the ASICS World Series of Beach Volleyball Ace Multichannel Marketing?

Will the ASICS World Series of Beach Volleyball ...

The event's creators are using marketing to spike the tournament to the forefront of the sports world amid World Cup frenzy.