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    No downsizing here

    You have got to be kidding me (Japanese, English):

    Postal workers’ jobs are to be safeguarded in the privatization planned for 2007, with the new postal entities to keep the same employment levels, government sources said.

    After all, that is the point of privatizing an inefficient government organization–improve operations by not changing anything.

    Regarding the establishment of a fund to maintain universal postal savings and postal services in remote areas, the postal services holding company will save a portion of its revenues each fiscal year, as stipulated by an ordinance, until the sum reaches 1 trillion yen.

    The bills state that the fund cannot be tapped, with the exception of a situation in which the revenues alone cannot support the holding company’s universal service obligation, the sources said.

    The six bills are designed to privatize postal services, establish a postal services holding company, a mail delivery company, an over-the-counter service network firm, and an independent administrative organization for postal savings and kampo life insurance, and to pass laws related to the privatization.

    Increasing the number of organizations involved sounds like a great move toward streamlining, too, though that structure’s been part of the proposal forever. Good grief.

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