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U.S. Postal Service urges legal changes to avert default

WASHINGTON — The US Postal Service faces default by the end of September without legislative relief, and it plans to slash one in four jobs to reduce costs, the head of the public company said Tuesday. Postmaster General Patrick Donahoe told Senate lawmakers that without legislative changes, the Postal Service…

U.S. Postal Service plans to cut staff by 20 percent: report

WASHINGTON — The US Postal Service plans to slash its workforce by 20 percent, eliminating 120,000 jobs by 2015 as it struggles to stay solvent, The Washington Post reported late Thursday. The newspaper, citing internal documents, said the Postal Service’s plan is in addition to the 100,000 other jobs it…