By Neil Maidment LONDON (Reuters) – Just five months after its privatisation, Britain's Royal Mail postal service has announced plans to cut a net 1,300 jobs to reduce costs, prompting a threat of industrial action from a trade union. Royal Mail, sold off last October in Britain's biggest privatisation for decades, has shed 50,000 jobs…
The Jersey Tomato Press Four Reasons the Government Isn't Going to Sell Off the Post OfficeBusinessweekDonahoe “can say whatever he wants,” Montana Senator Jon Tester told the Washington Post, “but I think he wants to privatize.” Why else would Donahoe be so eager to cut costs at the USPS? He's trying to push the post…
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 aims to save £50m annually….
eBay (EBAY) Notes Icahn Proposal in Proxy StatementStreetInsider.com (subscription)The following commentary was in eBay's (Nasdaq: EBAY) proxy statement for its Annual Meeting of Stockholders with respect to activist investor Carl Icahn. The is only a portion of the Icahn comments made in the proxy, which can be fully accessed here: More: continued here
Royal Mail says it is planning to cut 1,600 jobs as part of cost-saving plans, but unions have warned it could lead to industrial action. More: continued here
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. The …Royal Mail union warns…
Royal Mail said it was due to begin consultations with the Communication Workers Union and Unite over the move which will largely involve managerial positions. More: continued here
Democrats say Postmaster General Patrick Donahoe wants to privatize the USPS. Here’s why they’re wrong More: continued here
Fate of Trevorton post office hours will be announced next weekNews ItemTREVORTON – Mail users in Zerbe Township will have to wait seven days to find out exactly how their post office window service hours will change in the coming months. Andrea Garaciolo, manager of post office operations for the central Pennsylvania … More: continued…
Bangall Post Office may get added to state historic registerPoughkeepsie JournalThe sites include the Bangall Post Office in Dutchess County; the Amos Brown House, in Plattekill, Ulster County; the Tryon House, in Weedsport, Cayuga County; the Loomis Family Farm, in Chenango County; and the Erie County Sibley & Holmwood Candy … More: continued here