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Fat cat bosses holding workers to ransom? Yes, you can understand why the Communication Workers Union is screaming blue murder. Royal Mail’s threat of 10,000 job losses is one way to harden minds during an industrial dispute over pay and working practices. But the CWU’s leaders would be wise to …

Royal Mail could cut as many as 5,000 to 6,000 jobs by the end of August next year and warned of more layoffs if planned strikes go ahead, as the British company remains locked in a bitter dispute with its largest labor union. The Communication and Workers Union (CWU), representing …

Dave Ward has described Royal Mail’s announcement that it plans to cut 10,000 jobs by August 2023 as the result of “gross mismanagement”. Commenting after Royal Mail revealed plans to begin notifying postal workers of the job losses, which include up to 6,000 redundancies, the general secretary of the Communication …

The parent firm of the British Royal Mail postal service announced on Friday that it is looking to lay off up to 10,000 employees, blaming industrial action for significant financial losses. “Our operational full-time employee workforce will need to reduce by an estimated 10,000 by the end of August 2023,” parent …

The U.K.’s Royal Mail can grab a bigger share of the burgeoning online delivery market without abandoning current working practices, the leader of its biggest union said as 115,000 workers resumed their strike. While not opposed to the new focus on next-day parcels, the Communication Workers Union sees no justification …

(Bloomberg) — Chancellor Kwasi Kwarteng told broadcasters yesterday he is “not going anywhere.” Then, just hours later, he was going home, on a flight back to London amid reports Downing Street was preparing what could prove to be the mother of all U-turns. Amid the political drama, don’t ignore the real pain in the …

THE UK'S ROYAL Mail is considering axing 10,000 jobs as the as the delivery giant blamed industrial action for mammoth financial losses. Source link

Royal Mail will consult on up to 6,000 redundancies as the delivery giant blamed industrial action for mammoth financial losses. Bosses urged union chiefs to call off their latest strike action and come to the table over a deal but stressed the job cut plans cannot be avoided. Royal Mail …

Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares in the business tumbling 12% to 184.2p. During the six months to September the company made an adjusted …

By Anna Cooban and Mark Thompson, CNN Business UK postal service Royal Mail said Friday that it could cut 6,000 jobs as it warned of a big loss this year, which it blamed on a wave of strikes and a decline in its parcel delivery business. About 110,000 Royal Mail …