Royal Mail Confirms Plans To Axe 1,300 Jobs

A union has raised the threat of industrial action after Royal Mail (Other OTC: ROYMF – news) confirmed it was consulting on plans to cut 1,300 jobs, mainly managerial staff. Royal Mail, which was controversially privatised last year , said no delivery staff would be affected by the move, which …

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Newly-privatised Royal Mail to cut 1300 jobs – Reuters UK

The Guardian Newly-privatised Royal Mail to cut 1300 jobsReuters UKRoyal 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 to better compete in a market shifting heavily from letters to parcels. …

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