Royal Mail

Royal Mail to axe 1600 jobs in cost-cutting driveExpress.co.ukRoyal Mail said the move would not affect postmen and women or the services provided to customers. It said the proposed job losses were part of a cost-cutting programme to deliver annual savings of around £50 million a year, including £25 million …

Royal Mail consulting on 1600 job cutsITV NewsFirst the Government sells off Royal Mail on the cheap and now the newly privatised service is ruthlessly sacrificing jobs. We do not believe that it's a coincidence that this announcement has been made just before the company prepares to announce its … …

Wall Street Journal Royal Mail to Eliminate 1300 JobsWall Street JournalRoyal Mail's new efficiency drive is vital "to effectively compete in the letters and parcels markets," said Moya Greene, chief executive officer. The company said no frontline postal workers will be affected. Last October, the U.K. sold a 60% stake …

'Frontline' postmen unaffected as newly privatised service starts formal consultation with unions More: continued here

Royal Mail is facing the threat of industrial action just months after its controversial privatisation after unveiling "ruthless" plans to axe 1,600 jobs. More: continued here

Economic Times Updates from Royal Mail, Kingfisher and WolseleyAol Money"Royal Mail's primary reason for existing is now about making profits rather than serving the nation," Brian Scott, Unite officer for Royal Mail, told the BBC. Management claims the move is necessary for Royal Mail to compete in the letters and …

Royal Mail plans to axe 1,600 jobs under a fresh cost-cutting programme, Britain's main postal operator said on Tuesday six months after its controversial part-privatisation by the government. The company said that most of the jobs to go would be in management, with no delivery staff losing their positions. Royal …

Newly-privatised Royal Mail announces 1300 jobs cutReutersRoyal Mail, sold off last October in Britain's biggest privatisation for decades, has shed almost 50,000 jobs in 11 years as it restructures the group to better compete in a market that has shifted heavily from letters to parcels. The company said it … …

Britain's Royal Mail says to cut 1600 jobsDigitalJournal.comBritain's main postal operator Royal Mail on Tuesday said it planned to axe 1,600 jobs under a fresh cost-cutting drive six months after the group was partly privatised. Royal Mail said in a statement that most of the jobs to go would be …

The newly privatised Royal Mail has revealed that it will slash 1,600 jobs as part of a £50m cost cutting programme and, unsurprisingly, it has gone down like a lead balloon. More: continued here