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Royal Mail to Eliminate 1300 Jobs – Wall Street Journal

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 …

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Updates from Royal Mail, Kingfisher and Wolseley – Aol Money

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 …

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Royal Mail takes axe to jobs after going private

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 …

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Newly-privatised Royal Mail to cut 1,300 jobs

Britain's newly-privatised postal operator Royal Mail is to cut around 1,300 managerial and head office jobs in order to deliver annualised savings of 50 million pounds. Royal Mail, sold off last October in Britain's biggest privatisation for decades, has shed 50,000 jobs in 11 years as part of a lengthy …

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