The US Postal Service has a plan to eliminate the large deficit they are facing, and want to get in underway as soon as possible.  The cost-cutting plan will results in laying off thousands of front-line jobs. 

“In addition to cutting one day a week from the delivery schedule, the proposal would eliminate the equivalent of 40,000 full- and part-time jobs, about 8% of the current workforce of 600,000. Officials said the changes would save the Postal Service a projected $3.3 billion in the first year and about $5.1 billion annually by 2020.”

Read more of the above in the LA Times article.