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What needs a bailout: The post office (Media Life Magazine)
With all the layoffs in the media business, it might have slipped the notice of many, but it's still news, and of no minor consequence for all media. The U.S. Postal Service is contemplating trimming roughly 40,000 employees, or 6 percent of its workforce, in the first layoffs in its 233 years. DHL Plans Even Deeper U.S. Cuts (BusinessWeek)
Canada Post planning to raise rates in 2009 (CTV British Columbia)
Canada Post plans to cash in on online shopping with a 100-per-cent hike in postage rates for thick envelopes widely used to ship Internet purchases.
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