The following was submitted to PEN March 5, 2009. We cannot confirm nor deny any of the statement within the message.

(Message Quote)
Larry has started a weekly Monday morning meeting to discuss current events:  Below are the notes from the meeting.  Larry attended a telecom last week with Terry Wilson, these items were discussed:

1.There are upcoming changes which will be revealed in about 2 weeks. Districts will be consolidated and District staffing will be reduced. No particulars are known or were discussed at thist ime.  If you have not already done so, it is recommended that you update eCareer with your information.

2. Sick leave abuse is at an all time high - take corrective action for those employees abusing SL.

3. The Memphis BMC is closed now on Sundays effective 3/1/09 as a result of reduced mail volume.

4. Chattanooga REC site is now closed.

5. Minimal tour 2 staffing at plants.

6. Service scores /performance are down.

7. USPS realized a $750 M revenue shortage to plan in January.

8. Letter volume is down 32%, periodical volume is down 13.5%.

9. Volume projection for 2018 is being realized now.  (Meaning we're 9 years ahead of what was projected for volume decline.)

10. USPS has a $3B borrowing cap - we are above that now.

11. Fed Ex/UPS is using the USPS for "last mile" deliveries, they're giving us mail to deliver that is not profitable for them to do so.

12. Administrative staff will be cut (no specifics given) / supplies request are severely restricted.

13. USPS looking at "rapid re-negotiations" with unions.

14. Share with your employees - the USPS is sound, however we need to take action to ensure it's longevity.

15. Space consolidation may occur - get out of leased space - which means those in offices may be working in cubicles.

16. USPS is converting PVS routes to HCR routes.

17. USPS is still pursuing 5 day delivery.

18. Statement personally from Terry Wilson - "There are some things that will be fatal to Managers who do not perform in the future."  Larry did not expound much on this statement.

19. Have hope.  Work diligently to save the company.