The U.S. Postal Service plans to end Saturday mail delivery assoon as August to cut financial losses, a change Postmaster GeneralPatrick Donahoe said it can make without Congress's approval ifnecessary.
The service, which lost $15.9 billion last year, said it wouldcontinue six-day deliveries of packages, deliver mail topost-office boxes and keep open retail locations that now operateon Saturdays.
The change would lead to the elimination of 22,500 jobs and costreductions of as much as $2 billion a year, Donahoe said. The jobcuts can be made by attribution and buyouts, he said at a newsconference in Washington.
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