The U.S. Post Office will cease to deliver Saturday mail as soon as August 2013.
While the plan will reportedly save the USPS about $2 billion a year, it will not be enough to make up their $16 billion dollar loss in 2012.
According to the Orlando Sentinel, the two major reasons the USPS has been running in the red is because of the advent of email taking over many of their services and the enormous pension plans and benefits promised to their employees.
The U.S. Postal Service has also announced they will close many of its under-performing offices throughout the U.S..
In a statement released by the Postmaster General Patrick Donahoe, Donahoe said that these changes are a sign of the changing mailing habits in America. Donahoe also said, “The Postal Service is advancing an important new approach to delivery that reflects the strong growth of our package business.”
The U.S. Postal Service said they wish to change their focus and build their package delivery service, piggybacking off the rising demand of online purchases instead of relying on a passe system of communication.