In a significant effort to address its ongoing financial struggles, the U.S. Postal Service (USPS) is anticipating that 10,000 employees will opt for voluntary retirement. Postmaster General Louis DeJoy recently informed Congress about this initiative, which is part of a broader strategy to tackle the agency’s substantial losses, amounting to $100 billion since 2007.

Despite being exempt from the federal employee reductions advocated by Elon Musk’s DOGE government reform team, USPS remains under immense pressure to recover from its staggering financial woes, including a $9.5 billion loss reported last year.

DeJoy’s correspondence with Congress, which was obtained by Reuters, underscores the USPS’s urgent need for support as it grapples with “big problems.” The agency, which currently employs approximately 635,000 workers, has already reduced its workforce by 30,000 positions since 2021 and hopes that the voluntary retirement program, first introduced in January, will help streamline operations in the coming month.