Thousands of Jobs at Royal Mail Under Threat: The London Rush

(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 …

Read More »

Royal Mail to axe around 6,000 jobs amid fresh strikes

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 …

Read More »

Royal Mail says it could slash 10,000 jobs by next summer

Royal Mail workers picket outside a delivery office in Huddersfield, West Yorkshire, Britain, on Sept. 8. Royal Mail said it could cut up to 10,000 jobs in 2023. Photo by Adam Vaughan/EPA-EFE Oct. 14 (UPI) — Royal Mail, which provides mail collection and delivery services throughout Britain, said on Friday …

Read More »

Royal Mail Plans Up To 10,000 Job Cuts

Royal Mail was buoyed by strong parcel demand during the pandemic, but reported a heavy loss for the last six months Justin TALLIS Text size UPDATES with union, latest share price reax British postal operator Royal Mail on Friday unveiled plans to axe up to 10,000 jobs, blaming the move …

Read More »