Royal Mail is considering up to 10,000 job cuts

There is a tense atmosphere within the British postal company Royal Mail. Losing momentum in the United Kingdom, hit by strikes, it plans 10,000 job cuts by August 2023. The parent company, International Distribution Services Group, confirmed that it had started the consultation process on Friday, October 14. “Adjust Company Size”Today it employs more than 137,000 people.

“Based on current estimates, around 5,000 to 6,000 layoffs” for Same mail delivery and processing jobs “Unfortunately May Be Necessary”The team said. He Explain to work “Responding to the Impact of Social Movements” But “Delay in Achieving Productivity Improvements” It wants to implement and “Decline in Parcel Blocks”It was elevated by the epidemic.

Dave Ward, general secretary of the Communications Workers’ Union (CWU), which is currently on strike over pay at the company, condemned the decision. “Clear Mismanagement” of the company. The CWU recently decided on a six-day strike and two more are planned for the end of October to demand better wages amid a cost-of-living crisis.

The group expects an adjusted operating loss of 219 million pounds (nearly 252 million euros) and an annual loss of 350 million (402 million euros) in the first half ended September. He estimates that consecutive strike days cost him around £70m (€80m) in fines in the first half of the year.