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
Read More »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 …
Read More »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 …
Read More »Newly-privatised Royal Mail announces 1300 jobs cut – Reuters
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 … …
Read More »Britain’s Royal Mail says to cut 1600 jobs – DigitalJournal.com
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 …
Read More »Why Royal Mail Strike Threats Prove Vince Cable's 330p IPO Price
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
Read More »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 …
Read More »Royal Mail To Cut 1,600 Jobs In Move Branded 'Ruthless' By Unions
Royal Mail has unveiled plans to cut 1,600 jobs as part of a drive to save £50 million a year in costs, in a move that postal workers unions warned could spark industrial action. The postal delivery service said that 1,300 jobs would be lost in total, mainly from its …
Read More »Royal Mail set to cut 1,600 jobs
Royal Mail has announced it is poised to axe 1,600 jobs as part of a cost-cutting drive. The company said it was due to begin consultations with the Communication Workers Union and Unite over the move which will largely involve managerial positions. The company, which controversially floated on the Stock …
Read More »Royal Mail plans to cut 1600 jobs – BBC News
BBC News Royal Mail plans to cut 1600 jobsBBC NewsRoyal Mail is planning to cut 1,600 roles as part of a drive to cut costs, mainly among its head office managerial staff. The postal delivery service says the net effect will be 1,300 job losses, as it plans to create …
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