Postal Service Taps Former Obama Adviser to Boost Business

Monday, 17 Oct 2011 02:36 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Hoping to forestall tens of thousands of layoffs, the U.S. Postal Service has hired a former top adviser to President Barack Obama. Ron Bloom, who helped restructure the auto industry, now is tasked with helping the Postal Service develop new business, The Washington Post’s Federal Eye blog reports.

Fredric Rolando, president of the National Association of Letter Carriers, said the hiring aims to save jobs. The Postal Service, which is negotiating a new contract to replace the one expiring in late November, is looking to cut as many as 120,000 positions, the Post reported.

The letter carriers reject “the only strategy put forth by postal management,” Rolando told the Post. “Their strategy is to go down to five-day mail delivery, to close post offices, to close postal facility, to cut pensions, to reduce health insurance, and we don’t believe that’s a strategy to save the Postal Service.”

Rolando argued that dismantling the Postal Service’s nationwide delivery network is “no way to go about this. A network like that, with employees that are the most trusted federal employees for the last six years in a row, we believe there’s a business opportunity out there.”

Bloom, a graduate of the Harvard Business School and a former vice president of the financial firm Lazard, joined the administration in 2009 and helped restructure General Motors and Chrysler. He later worked coordinating manufacturing policy at the departments of Commerce, Energy, Labor, and Treasury, according to the Post.

Rolando also told the Post that the union is hiring Lazard to “explore and expand the range of solutions available to the Postal Service, as well as their long-term business issues and strategies for the future.”


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Navy Identifies Pilot Presumed Dead in Crash

Sunday, 14 Sep 2014 20:12 PM

A Navy fighter pilot presumed dead after two jets crashed in the far western Pacific Ocean has been identified.The Navy  . . .

Small Earthquake Rattles Northern California

Sunday, 14 Sep 2014 19:39 PM

A small earthquake rattled parts of Northern California.The U.S. Geological Survey reported a magnitude 3.5 quake struck . . .

Blumenthal: NFL's Goodell 'Should Go If He Lied' on Rice Video

Sunday, 14 Sep 2014 15:41 PM

National Football League Commissioner Roger Goodell should go if he lied about when the league saw a videotape of Ray  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved