News@lemmy.world · 9 days ago

Wells Fargo Is Plotting to Privatize the Post Office

jacobin.com

cross-posted to:
brainworms@lemm.ee

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Wells Fargo Is Plotting to Privatize the Post Office

jacobin.com

return2ozma@lemmy.world to

News@lemmy.world · 9 days ago

cross-posted to:
brainworms@lemm.ee

A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.

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9 days ago
Meanwhile, in developed countries, post offices offer banking services.

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