DeJoys primary income source is his job as a United States Postmaster General. DeJoy previously worked as chair and CEO of New Breed Logistics, a massive warehousing and distribution company, and is the first postmaster general in over two decades to have never worked at. Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American Postal Workers Union (APWU) condemned and vowed to fight. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American Postal Workers Union (APWU) condemned and vowed to fight. ” DeJoy, in a memo to USPS officers Wednesday, said the pay increase will go into effect Sept. Biden Urged to Take Steps to Finally Get Rid of DeJoy as He …. Louis DeJoy remains one of the most controversial United States postmasters general, but he also is one of the highest paid. This year at USPS: Mail slowdowns, big executive bonuses for. You might know him as the Postmaster General, but he has been a businessman for decades prior to his current position. There have also been additional concerns about DeJoys connections to Bloom after the postmaster general purchased up to $305,000 in bonds from an asset management firm where Bloom serves as a. Louis DeJoy’s base salary as postmaster general is $303,460. DeJoys primary income source is his job as a United States Postmaster General. Statement of Postmaster General and Chief Executive Officer Louis DeJoy before the House Committee on Oversight and Reform. T he US postmaster general, Louis DeJoy, has drawn criticism over changes made to the US Postal Service since Donald Trump appointed him in May 2020, which have included delays in services,. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place. DeJoy Earned Millions From Company With Financial Ties to. DeJoy’s investments in the companies were worth more than $15,000 each, more than the limit allowed under federal law, which says government employees cannot hold stocks with a value of more than. More than a year and a half into President Joe Bidens first term, Louis DeJoy--a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic lawmakers--is still running the U. Postal Service (USPS) plans to reduce its headcount by 50,000 over the next few years in a bid to break even, according to Postmaster General Louis DeJoy. Statement of Postmaster General and Chief Executive Officer Louis DeJoy. The salary increase will go into effect on. DeJoy is in charge of fundraising for the Republican National Convention in Charlotte. He earns the basic salary of $291,650 every year. Additionally, he also gets government services, allowance, and bonuses every year. He also received $56,000 in additional benefits. In August 2021, it was revealed that DeJoy actively maintains financial ties to a company, XPO Logistics, a supply chain logistics company that was recently awarded a $120 million contract by the USPS. There have also been additional concerns about DeJoys connections to Bloom after the postmaster general purchased up to $305,000 in bonds from an asset management firm where Bloom serves as a. The documents also show that DeJoy’s base salary as postmaster general is $303,460. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. WASHINGTON — Postmaster General Louis DeJoy, who has come under fire for his continuing financial ties to a company that does business with the Postal Service, received $1. Reality Check time: The Utica NY S&DC was officially launched February 25, 2023. DeJoy also donated over $1. That year, his son was accepted to the school. DeJoy’s annual salary at USPS is estimated at $300,000. USPS did not immediately respond to CNNs request for comment on the hires. CSRS benefits are determined by an employees’ high-3 average salary multiplied by years of service (with benefits accruing more slowly in the first ten years of service). Last month, the Washington Post reported the USPS will pay XPO $120 million over the next five years to oversee two major distribution and sorting sites in Atlanta and Washington that are among the. DeJoys annual salary at USPS is estimated at $300,000. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. He earns the basic salary of $291,650 every year by serving as United States Postmaster General. Generates $24 billion in net revenue in part from enhanced package delivery services for business customers, including same-day, one-day and two-day delivery offerings Improves cash flow to allow for investment of $40 billion in workforce, new vehicles, improved Post Offices, technology improvements, and infrastructure upgrades. 5K Filter by Year: USPS - Employee Rankings See all employees for United States Postal Service (USPS). Louis Dejoy Salary Louis DeJoy earned $248,489 in total. Much of the criticism of new Postmaster General Louis DeJoy has centered on his $2 million in contributions to the Trump campaign and other Republican causes since 2016. Louis Dejoy in 2021 was employed in United States Postal Service and had annual salary of $303,460 according to public records. WASHINGTON — Postmaster General Louis DeJoy, who has come under fire for his continuing financial ties to a company that does business with the Postal Service, received $1. The claim: Postmaster General Louis DeJoy has $70 million invested in companies that compete with the United States Postal Service President Donald Trump appointed a new postmaster general for. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the former employer of Postmaster General Louis DeJoy. While his position as US postmaster general and CEO earns him a lucrative salary, most of his worth was made during his years in business. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. The documents also show that DeJoy’s base salary as postmaster general is $303,460. generally accepted accounting principles basis, the Postal Service had a net loss of $4. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American. His net worth is valued at $110 million. Plus DeJoys base salary of $305,681 is the highest ever paid for the top job at USPS, according to a Center for Public Integrity review of the agencys financial disclosures. DeJoy hired four people who worked for his …. Louis DeJoy: Changes made by Postmaster General …. He was appointed by the organization’s Board of Governors and began his tenure in June 2020. 2 million to the Donald Trump campaign. Postmaster General Louis DeJoy today announced a 3% salary increase for all non-bargaining Postal Service personnel in recognition of “the dedication and accomplishments of our management team in the face of significant challenges” including “a global pandemic and record inflation. There have also been additional concerns about DeJoys connections to Bloom after the postmaster general purchased up to $305,000 in bonds from an asset management firm where Bloom serves as a. Louis DeJoy is the 75th Postmaster General of the United States and Chief Executive Officer of the U. Louis Dejoy Wiki, Age, Wife, Family, Salary, Net …. In fact, he’s been so successful at business that he has a net worth of approximately 110 million dollars. USPS Converted 63,000 Non-Career Employees to Permanent Jobs Over the Last Year the agency said in a report marking the one-year anniversary of the unveiling of Postmaster General Louis DeJoy. A full background check might also have revealed DeJoy holdings worth at least $30 million in USPS competitors and contractors. Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. “The need for the U. Louis DeJoy’s base salary as postmaster general is $303,460. CSRS benefits are determined by an employees high-3 average salary multiplied by years of service (with benefits accruing more slowly in the first ten years of service). postal workers worry about future >More mail delays coming as postal workers worry about future. A performance bonus approved by the board pushed DeJoy over the $400,000 salary of President Joe Biden. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American. Postmaster General Louis DeJoy unveiled his 10-year strategic plan for the cash-strapped U. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. T he US postmaster general, Louis DeJoy, has drawn criticism over changes made to the US Postal Service since Donald Trump appointed him in May 2020, which have included delays in services,. 3 million to the Republican party and $1. As of 2020, The net worth of Louis DeJoy is estimated to be US $110 million. In June, DeJoy also purchased options on Amazon stock that might. DeJoy Nets Massive Bonus Amid Mail Delays and. So DeJoy will be around for a while. In 2014, he donated $747,000 to Duke University. He received a Bachelor of Business Administration from Stetson University in Florida. 2 billion, adding to a decade of losses totaling $66. In 2014, he donated $747,000 to Duke University. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement. Postmaster General Louis DeJoy today announced a 3% salary increase for all non-bargaining Postal Service personnel in recognition of “the dedication and accomplishments of our management team … in the face of significant challenges” including “a global pandemic and record inflation. Postmaster General Louis DeJoy during a House committee hearing in 2020. 3 million worth of XPO shares, according to. According to the Center for Public Integrity, DeJoy — amazingly, ironically — received a $75,000 performance bonus in fiscal year 2021. DeJoy Moves to >A True Danger to the Public Post Office: DeJoy Moves to. And during this time, DeJoy will push his plan to save the postal service $58 billion over 10 years by getting rid of hundreds of high-speed mail sorting machines, taking more mailboxes off the street, curbing overtime and hiking prices. Thanks to the USPS board of governors, the former North Carolina logistics executive had a compensation package totaling $480,985 for the fiscal year ending Sept. United States Postal Service Highest Paid Employees. Postal Service will get a 3% salary raise on their paychecks, Postmaster General Louis DeJoy announced. Success in Business. In August 2021, it was revealed that DeJoy actively maintains financial ties to a company, XPO Logistics, a supply chain logistics company that was recently awarded a $120 million contract by the USPS. Before becoming postmaster general, he was a deputy national fund-raising chairman for the G. Postmaster General Louis DeJoy announced on Tuesday that USPS has brought its projected long-term losses down from $160 billion to between $60 billion and $70 billion, driven largely by the. More than a year and a half into President Joe Bidens first term, Louis DeJoy—a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the former employer of Postmaster General Louis DeJoy. Pool photo by Tom Williams The letters also said the Postal Service had inappropriately committed more than $480 million. Releasing a statement on Thursday night, a spokesperson for the postmaster general said he had never knowingly violated campaign contribution laws. The claim: Postmaster General Louis DeJoy has $70 million invested in companies that compete with the United States Postal Service President Donald Trump appointed a new postmaster general for. The non-career workforce has remained fairly steady in recent years at 136,000. USPS Workers Concerned About New Policies. That’s a lot of money, even for the most successful businessman. louis dejoy; postmaster general; u. 9 billion for 2021, compared to a net loss of $9. Postmaster General Louis DeJoy unveiled his 10-year strategic plan for the cash-strapped U. Postmaster General says he’s been cleared in federal probe. Postal Service is ten thousand percent better than it was. The salary increase will go into effect on. DeJoy previously served as an executive with XPO, which he sold his previous company of 30 years — New Breed Logistics — to. Louis DeJoy is the 75th Postmaster General of the United States and Chief Executive Officer of the U. Who is Postmaster General Louis DeJoy? Biography, Salary, Net. Louis DeJoy needs to resign. Postal Service will get a 3% salary raise on their paychecks, Postmaster General Louis DeJoy announced. Postmaster General in May 2020. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. Though DeJoy and entities linked to him have divested between $65. DeJoys staying power in the face of widespread outrage over his sabotage of postal operations and his. United States Postal Service Postmaster General Louis DeJoy. This salary is 402 percent higher than average and 376 percent higher than median salary in United States Postal Service. DeJoy Earned Millions From Company With Financial …. In all, DeJoy earned about as much as President Joe Biden. A full background check might also have revealed DeJoy holdings worth at least $30 million in USPS competitors and contractors. Postal Service to transform to meet the needs of our customers is long overdue,” DeJoy said in a presentation of the plan online with other postal officials. WASHINGTON — The United States Postal Service has paid about $286 million over the past seven years to XPO Logistics, the. DeJoy as He >Biden Urged to Take Steps to Finally Get Rid of DeJoy as He. Postmaster General and Chief Executive Officer. DeJoy’s annual salary at USPS is estimated at $300,000. It was a controversial subject during his. You might know him as the Postmaster General, but he has been a businessman for decades prior to his current position. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. WASHINGTON — Postmaster General Louis DeJoy, who has come under fire for his continuing financial ties to a company that does business with the Postal Service, received $1. Since taking over as postmaster. The starting salary for an assistant city mail carrier was about $38,000 at the beginning of the year. Latest update: February 2023 Organizational chart. DeJoy was CEO of High Point, North Carolina -based New Breed Logistics from 1983 to 2014, and retired after his company was acquired by the Connecticut-based freight transporter XPO Logistics for a reported $615 million. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place orders. Who Is Postmaster General Louis DeJoy?. Topline. Postmaster General Louis DeJoy says the Postal Service may need to reduce its employee headcount by 50,000 positions, as the agency looks to consolidate its network of facilities that process mail. 3 million of XPO shares since he became postmaster general, the Post reports,. Fact check: Postmaster general Louis DeJoy invested in. All non-bargaining employees of the U. This year at USPS: Mail slowdowns, big executive bonuses for DeJoy and. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. In 2nd Capitol Hill appearance, DeJoy rejects accusations of undermining USPS; In Senate testimony, DeJoy denies intent to disrupt mail-in voting; Go Deeper. 2 billion for 2020,” when DeJoy was appointed,. Statement of Postmaster General and Chief Executive Officer Louis DeJoy before the House Committee on Oversight and Reform. Postmaster General Louis DeJoy announced on Tuesday that USPS has brought its projected long-term losses down from $160 billion to between $60 billion and $70 billion, driven largely by the. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place orders. For the current postmaster general, Louis DeJoy, the top salary is more than $300,000. The documents also show that DeJoy’s base salary as postmaster general is $303,460. In August 2021, it was revealed that DeJoy actively maintains financial ties to a company, XPO Logistics, a supply chain logistics company that was recently awarded a $120 million contract by the USPS. Since he became postmaster general, DeJoy, DeJoy-controlled companies, and his family foundation have divested between $65. This salary is 402 percent higher than average and 376 percent higher than median salary in United States Postal Service. USPS Converted 63,000 Non-Career Employees to Permanent Jobs Over the Last Year the agency said in a report marking the one-year anniversary of the unveiling of Postmaster General Louis DeJoy. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. In his role as Postmaster General, DeJoy also serves as a member of the Board of Governors. DeJoy Earned Millions From Company With Financial Ties to Postal. DeJoy has donated $1. Since 2016, DeJoy has donated $1. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Service’s Executive Leadership Team are paid annual salaries ranging from $279,700. Long Past Time to Fire DeJoy: Postmaster Generals Ex. Though DeJoy and entities linked to him have divested between $65. Biden Urged to Take Steps to Finally Get Rid of DeJoy as He. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Service’s Executive. The postmaster general has committed to spending $40. Postal Service Has Paid Louis DeJoy’s Former …. View the top 100 highest paid employees for the United States Postal Service (USPS) below. DeJoy’s annual salary at USPS is estimated at $300,000. More than a year and a half into President Joe Bidens first term, Louis DeJoy—a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic. Highest Paying Postal Jobs. Biden stiff arms progressives on the Postal Service. DeJoys primary income source is his job as a United States Postmaster General. Postal Service Has Paid Louis DeJoy’s Former Company $286. DeJoy’s annual salary at USPS is estimated at $300,000. The documents also show that DeJoys base salary as postmaster general is $303,460. All non-bargaining employees of the U. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. He was appointed by the organizations Board of Governors and began his tenure in June 2020. DeJoy announces pay raise for US Postal Service …. Reports estimate that DeJoys net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. Each governor receives $300 per day for not more than 42 days of meetings each year and travel expenses, in addition to an annual salary of $30,000. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. Subordinate to Postmaster DeJoy, the various key positions comprising the Postal Services Executive Leadership Team are paid annual salaries ranging from $279,700. Being a logistics expert, DeJoy was able to provide solutions to some of the biggest companies in the world when other people didn. Generates $24 billion in net revenue in part from enhanced package delivery services for business customers, including same-day, one-day and two-day delivery offerings Improves cash flow to allow for investment of $40 billion in workforce, new vehicles, improved Post Offices, technology improvements, and infrastructure upgrades. Since he became postmaster general, DeJoy, DeJoy-controlled companies and his family foundation have divested between $65. Postmaster General Louis DeJoy announced Wednesday that all Executive and Administrative Schedule (EAS) and Pay Band Non-bargaining unit employees will soon receive a 3% salary increase, “regardless of their current salary maximum. In February, the White House Council on Environmental Quality sent DeJoy a letter urging USPS to comply with the National Environmental Policy Act after it had committed $480 million to begin. By all accounts, the overwhelming majority of his 110 million dollar net worth was made because of his successful business career prior to becoming Postmaster General, as previously mentioned. That year, his son was accepted to the school and joined the schools tennis team as a walk-on. Louis DeJoy hired four people who worked for his businesses. 3 million to the Republican Party. Louis Dejoy in 2021 was employed at United States Postal Service and had an annual salary of $303,460 according to public records. USPS Workers Plead Guilty to Stealing Over. Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards $120 Million Contract To His Former Employer. DeJoy has long been a major financial supporter of the Republican Party. DeJoy previously worked as chair and CEO of New Breed Logistics, a massive warehousing and distribution company, and is the first postmaster general in over two decades to have never worked at. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. Why is Louis DeJoy Famous? 75th U. One controversial figure from Trump’s presidency, however, remains in office: Louis DeJoy, the notorious postmaster general who almost sabotaged mail voting in the fall and continues to gut the. Absent substantial changes, our financial losses will continue to widen, and our ability to invest in the future of the organization will be severely curtailed. So DeJoy will be around for a while. In 2021, DeJoy made a base salary of $305,681, which along with performance bonuses, totaled $480,985, according to USPS data. Thanks to the USPS board of governors, the former North Carolina logistics executive had a compensation package. This salary is 402 percent higher than. 2 million to President Trump’s campaign coffers and nearly $1. DeJoy’s push for the PSRA follows Democrats holding a special Saturday session of Congress on Aug. DeJoy has justified the changes not just on financial grounds but also by noting employees currently work in facilities with poor amenities. This year at USPS: Mail slowdowns, big executive …. DeJoy previously served as an executive with XPO, which he sold his previous company of 30 years — New Breed Logistics — to. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. Louis DeJoys base salary as postmaster general is $303,460. Louis Dejoy Overview. USPS boasted that it has committed more than $6 billion in core infrastructure over the last year, part of DeJoy’s. Being a logistics expert, DeJoy was able to provide solutions to some of the biggest companies in the world when other. T he US postmaster general, Louis DeJoy, has drawn criticism over changes made to the US Postal Service since Donald Trump appointed him in May 2020, which have included delays in services,. As Pressure Ramps Up Against USPS Reforms, DeJoy Asks. Louis Dejoy in 2021 was employed at United States Postal Service and had an annual salary of $303,460 according to public records. It was a controversial subject during his tenure as U. DeJoy got a $75,000 performance bonus in fiscal year 2021, plus about $56,000 in other perks, which includes membership in two airline clubs, retirement counseling and financial planning services, according to the Postal Service’s newly released 10-K report. United States Postal Service Unveils 10. DeJoy has justified the changes not just on financial grounds but also by noting employees currently work in facilities with poor amenities. DeJoy is a member of the board of trustees at Elon University in North Carolina. Unlike federal cabinet officials, whose pay was capped at $221,400 this year, the board of governors at USPS can set the postmaster general’s salary up to 20% higher than the vice president’s. DeJoy has at least $30 million invested in XPO Logistics, a USPS contractor that has been paid $14 million by the agency since DeJoy took office in June alone, and receives more than $2 million. DeJoy serves on the Elon University board of trustees. Postmaster General Louis DeJoy announced Wednesday that all Executive and Administrative Schedule (EAS) and Pay Band Non-bargaining unit employees will soon receive a 3% salary increase, “regardless of their current salary maximum. 3 million worth of XPO shares, according to financial disclosures,. Postal Service Postmaster General Louis DeJoy is once again in the crosshairs, as the Washington Post reported Friday the controversial official could profit off a new contract his. Generates $24 billion in net revenue in part from enhanced package delivery services for business customers, including same-day, one-day and two-day delivery offerings Improves cash flow to allow for. USPS>Statement of Postmaster General and Chief Executive. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place orders. USPS awards $120 million contract to Louis DeJoy’s former …. USPS did not immediately respond to CNN’s request for comment on the hires. Louis Dejoy SalaryPostal Service on Tuesday, which includes higher postage rates, some slower services and reduced post. Louis DeJoy Would Be out of a Job If He Worked Elsewhere. 3 million worth of XPO shares, according to financial disclosures, foundation tax documents, and securities filings. One controversial figure from Trump’s presidency, however, remains in office: Louis DeJoy, the notorious postmaster general who almost sabotaged mail voting in the fall and continues to gut the. More than a year and a half into President Joe Bidens first term, Louis DeJoy--a megadonor to former President Donald Trump and a villain in the eyes of progressives and many Democratic lawmakers--is still running the U. Recent quote by Postmaster General Louis DeJoy states, The U. USPS Plans To Shed 50,000 Jobs To Reach Break Even Point. Louis DeJoy on Capitol Hill in February. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. The highest reported pay for the federal agency was $326,000 for Louis Dejoy, Pmg & Ceo. His daughter also attended Duke, majoring in music. He anticipates the issues worsening as 31 jobs are set to be eliminated with the mail processing consolidation. Louis DeJoy remains one of the most controversial United States postmasters general, but he also is one of the highest paid. DeJoy and other postal officials receive big bonuses. Long Past Time to Fire DeJoy: Postmaster Generals Ex …. DeJoy’s annual salary at USPS is estimated at $300,000. Late last month, DeJoy--who has been mired in scandal throughout his tenure as postmaster general-- laid out his plan to cut 50,000 USPS jobs in the coming years, an announcement that also drew backlash from the APWU. Louis DeJoy on Capitol Hill in February. A federal judge in Washington, DC, ruled Thursday that changes Postmaster General Louis DeJoy made to the US Postal Service before the 2020 election hurt mail delivery, and has put in place. Since he became postmaster general, DeJoy, DeJoy-controlled companies, and his family foundation have divested between $65. Louis DeJoy is Still Postmaster General. DeJoy’s investments in the companies were worth more than $15,000 each, more than the limit allowed under federal law, which says government employees cannot hold stocks with a value of more than. Though DeJoy and entities linked to him have divested between $65. A DeJoy spokesman said DeJoy’s lawyer had received that notification from the department. Despite our mandate to be financially self-sufficient, in fiscal year 2020, the Postal Service recorded a net loss of $9. Late last month, DeJoy--who has been mired in scandal throughout his tenure as postmaster general-- laid out his plan to cut 50,000 USPS jobs in the coming years, an announcement that also drew backlash from the APWU. 3 million of XPO shares since he became postmaster general, the Post reports, his family businesses still. The announcement comes as part of a restructuring plan put in place by Postmaster General Louis DeJoy, who is targeting non-union management and administrative staff for the so-called reductions. The letter, dated August 1, was sent days after DeJoy announced his goal of slashing 50,000 positions from the Postal Service in the coming years, an effort that the 200,000-member American Postal Workers Union (APWU) condemned and vowed to fight. On December 1, 2022, all of the restrooms but one was torn apart down to the bare walls, as was the cafeteria. Since 2007, we have recorded significant net losses each year. DeJoy, a wealthy former logistics executive and GOP donor, was appointed postmaster general in 2020. Biden urged to take steps to finally get rid of Louis DeJoy. Since 2007, we have recorded significant net losses each year. The claim: Postmaster General Louis DeJoy has $70 million invested in companies that compete with the United States Postal Service President Donald Trump appointed a new postmaster general for. The non-career workforce has remained fairly steady in recent years at 136,000. The announcement comes as part of a restructuring plan put in place by Postmaster General Louis DeJoy, who is targeting non-union management and administrative staff for the so-called reductions. Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards >Louis DeJoy Comes Under Scrutiny — Again — As USPS Awards. The Hill>Biden stiff arms progressives on the Postal Service. 22, 2020, demanding $25 billion in assistance to USPS while warning the election might not. Statement of Postmaster General and Chief Executive Officer …. Why is Louis DeJoy Famous? 75th U. Biden Announces Plan to Replace Key DeJoy Allies on Postal Board. One controversial figure from Trump’s presidency, however, remains in office: Louis DeJoy, the notorious postmaster general who almost sabotaged mail voting in the fall and continues to gut the. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. Louis Dejoy Overview. New Postmaster General Is an Expert Job. It has been confirmed that DeJoy and his wife Aldona Wos have assets ranging from $30. Postmaster General Louis DeJoy >Slower service, higher prices: Postmaster General Louis DeJoy. In 2021, that added up to $306,960, roughly what DeJoy earned. In all, DeJoy earned about as much as President Joe Biden. The typical annual pay for all postal service employees, meanwhile, was $51,150 in 2020 — the most recent year surveyed by the Bureau of Labor Statistics. Postmaster General Louis DeJoy announced on Tuesday that USPS has brought its projected long-term losses down from $160 billion to between $60 billion and $70 billion, driven largely by the. DeJoy hired four people who worked for his businesses to work at USPS. In 2014, he donated $747,000 to Duke University. While his position as US postmaster general and CEO earns him a lucrative salary, most of his worth was made during his years in business. DeJoy donated $747,000 to Duke University in 2014, funding Blue Devil Tower and the DeJoy Family Club at the football stadium. Salary $61,552 2023 Records 624.