Not a big surprise. It was talked about earlier, and now it's final. The USPS will not deliver or collect mail on Saturdays, starting August 5, to stay afloat financially. They will deliver packages, however.
I don't mind it. The only time this could be an issue is if Monday is a holiday (Memorial day, labor day, MLK day, Presidents day), which could mean 3 straight days without mail. They had to do something to recover from the losses. However, their biggest problem was having to pay post-retirement health care costs ahead of time to their employees.