London CNN Business — UK postal service Royal Mail (ROYMY) 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 staff went on …
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Royal Mail was accused of holding postal workers to ransom as it threatened to cut up to 10,000 full-time roles because its financial situation has deteriorated due to strikes. The company swung to a first-half loss and warned of worse to come for the full year. It blamed a £70mn …
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Royal Mail could cut up to 10,000 jobs over the next year, according its to parent company International Distributions Services. The delivery giant blamed the proposed cuts on the “impact of industrial action, delays in delivering agreed productivity improvements and lower parcel volumes”. Royal Mail confirmed the news this morning …
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In a statement, Royal Mail's parent group International Distribution Services announced it will post an adjusted operating loss of £350 million ($395 … Source link
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UK postal service Royal Mail warned that as many as 10,000 jobs were at risk in response to strikes as it swung to a first-half loss. The postal … Source link
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A Royal Mail Group postal worker on his delivery round in Manchester, U.K. Paul Thomas | Bloomberg | Getty Images Royal Mail revealed plans Friday to cut up to 6,000 jobs by next summer following a summer of strikes by postal workers in the U.K. “We will be starting the …
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R oyal Mail is set to cut as many as 6,000 jobs over the next year and there could be more redundancies ahead as the industrial dispute gripping the company shows no sign of easing. The company’s chief executive, Simon Thompson, told The Standard that the cuts would not affect …
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(Reuters) -Royal Mail could cut as many as 5,000 to 6,000 jobs by the end of August next year, parent company International Distributions Services said on Friday, as the British company remains locked in a bitter dispute with its largest labour union. The Communication and Workers Union (CWU), representing 115,000 …
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Royal Mail could cut as many as 5,000 to 6,000 jobs by the end of August next year, parent company International Distributions Services said today. This comes as the British company remains locked in a bitter dispute with its largest labour union. “We will be starting the process of consulting …
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Members of the South Leicestershire Litter Wombles discovered the discarded mail in a hedge during a pick near Barwell on Tuesday. Bobbie Baker said … Source link
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