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22-03-2025 Vol 19

Elon Musk wants to privatize USPS. Denmark closes part of its down.

  • Elon Musk said he will privatize the US postal service.
  • The government “should try to privatize everything we might,” Musk said this week.
  • In comparison, Denmark closes its own service of letter delivery with reference to a decrease in demand.

Elon Musk wants to privatize the US postal service.

In a speech in Morgan Stanley Technology, Media and Telecom Conference on Wednesday, Musk said the government “should try to privatize everything we might,” including USPS, according to audio reviewed by Business Insider.

Musk acknowledged that privatization of it would probably require congressional approval.

Although Musk sees a private US mail system, another country takes a completely different approach-to closing its traditional letter delivery service completely.

Denmark Phasing out of letter delivery

Denmark’s State Postal Service, PostNord, announced in a recent Update That it will stop delivering letters at the end of this year and would focus strongly on package deliveries.

It said the decision came when the amount of letters handled fell by 90% from 2000 to 2024.

When e-commerce is booming, the company said it prioritizes the “growing need” for faster and more reliable package deliveries.

“Danes have become more and more digital, and what was once sent by letter is now being digitally received by the vast majority of people,” it added.

According to the BBC, the decision ends 400 years of letter deliveries. Postnord said it would start to remove its 1,500 mailboxes in June.

In a separate declaration On Thursday, PostNord said it would cut about 1,500 jobs in 2025 in the process, reducing its workforce by almost a third.

Denmark is not alone – Germany’s Deutsche post said On Thursday, it would eliminate 8,000 jobs in 2025 and call the relocation a “socially responsible” reaction to falling postal volumes.

USPS privacy

While some European countries are moving away from traditional letter delivery, President Donald Trump has fled the idea of ​​privatizing USPS.

In December, Trump said Privatization of it was “not the worst idea I’ve ever heard,” and in February he said trade secretary Howard Lutnick “will look” into it.

USPS has already undergone significant restructuring in recent years.

Postmaster General Louis Dejoy told a house supervision and reform Selection In December, it had reduced its total main count by approx. 20,000 employees and cut 45 million total working hours since he took office in June 2020.

However, long -time employees have expressed concern about Doge’s interference in the department.

In November, an operating manager who has worked there for 27 years raised concerns about BI about people who step in to come up with suggestions without having “tribal knowledge” of the service.

The White House did not immediately respond to Business Insider’s request for comment.

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