WASHINGTON (Reuters) - U.S. Postmaster General Louis DeJoy said Tuesday he has asked the Postal Service governing board to identify his successor.

In November, DeJoy warned that the Post Office must continue to cut costs or will remain on the path to either a "government bailout or the end of this great organization as we know it."

USPS did not say when DeJoy -- who has headed the agency since 2020 -- plans to step down.