Royal Mail

'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 parcels …Market movers: Kingfisher, easyJet,…

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 Mail is shedding about 1.0…

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 … More: continued here

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 in management … More: continued…

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

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 restructuring designed to allow it…

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 head office managerial staff, as…

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 Exchange last year, said that…