(UNDATED) - The US Postal Service is cutting management staff and offering early retirement to thousands of postal workers nationwide.
The recession has caused mail volume to plummet and, despite a rise in the first-class postal rate to 44 cents effective May 11th, the postal service expects to lose money again this year.
Postmaster General John Potter is proposing the elimination of Saturday delivery to cut costs, but that requires the approval of Congress.
Kim Yates with the Greater Indiana District of the Postal Service says several administrative positions are being eliminated in Indiana, affecting 70 employees.
But she says those cutbacks will be transparent to the public, so service at local post office retail counters and carrier delivery will remain the same.
Yates says the Postal Service doesn't receive taxpayer money and is feeling the same economic pressures as any other business.
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