Its simply not possible for this market segment to recover to profitability for many years, at least not to where it could contribute to the reduction of the massive debt. This company will never recover in its present form.
The last time I checked the post office is down 26 billion envelopes a year mailed from 2006. Technology has destroyed the envelope industry. Check out the last time anyone under 50 years old mailed a letter. The answer is never. The best part our dope purchased 3 envelope companies to add to our mess. Next time try buggy whips.