Newbury Buses to cut jobs and withdraw services
Fifteen jobs will be axed at Newbury Buses when it scraps services from its depot in the town in August.
Losses have been blamed for the decision to make staff redundant and to stop running buses from its Mill Lane headquarters.
Services 8/8A, Newbury to Greenham, and 12, Newbury to Glendale Avenue, will be scrapped on Saturday 27 August.
Reading Transport said passsenger numbers needed to increase threefold on last year for the service to survive.
James Freeman, Reading Transport chief executive, said: "We have put a great effort into trying to develop these two local services over the past year.
"A year ago we decided to cut the price to a simple £1 fare, which attracted a lot of new riders and at the start of this year we dramatically improved the frequencies of both routes to half-hourly."
He added: "This was rewarded by an impressive doubling of passenger numbers - but we need them to go up threefold and they have plateaued since March at too low a level."
The depot will remain open to provide contract services in the area.