Union members have said plans are being made for more postal strikes in the holiday period after Royal Mail announced its plans to cut jobs. The company announced yesterday it would consult on up to 6,000 redundancies after significant financial losses, which it blamed on the “impact of industrial action, …
Read More »
Image source: Getty Images Back at the beginning of the year there was plenty to like about Royal Mail shares. The company was making money, and the dividend pay-out was healthy. Crucially, too, the company was debt free with good cash reserves. Introducing International Distribution Services On October 4th, the …
Read More »There is a tense atmosphere within the British postal company Royal Mail. Losing momentum in the United Kingdom, hit by strikes, it plans 10,000 job cuts by August 2023. The parent company, International Distribution Services Group, confirmed that it had started the consultation process on Friday, October 14. “Adjust Company …
Read More »
Traditional stamps will no longer be valid as Royal Mail moves towards a barcoded system for recording mail. The company has set up a swat-out system to ensure postal service users are not out of pocket Video Loading Video Unavailable The video will auto-play soon8Cancel Play now Why your 1st …
Read More »
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 process of consulting on rightsizing the business in response to the impact of industrial action, delays in delivering agreed productivity …
Read More »
London (AFP), Oct 14 – British postal operator Royal Mail on Friday unveiled plans to axe up to 10,000 jobs, blaming the move partly on ongoing staff strikes that contributed to a first-half loss. The announcement came one day after staff staged the first of 19 walkouts targeting the critical …
Read More »
The CWU says the Royal Mail wants to turn the postal service into an 'Uber-style employer' Source link
Read More »
More than 115,000 members of the Communication Workers Union staged a sixth day of strikes this week. The union has announced 19 further days of action in the coming weeks. It comes amid a dispute with Royal Mail over pay, conditions and working arrangements. With a stand-off between the two …
Read More »
Royal Mail has said that 10,000 jobs were going to be axed by August 2023 due to the ongoing worker strike and mounting losses. Currently, 6,000 people would be set aside per redundancy plans, and workers who leave would not be replaced. The expected losses are around £350 million for …
Read More »
Up to 6,000 redundancies expected Strikes blamed for rising losses Royal Mail has warned that it could swing to a loss of up to £450mn and be forced to axe as many as 10,000 jobs, in response to “damaging” industrial action. The postal service – which has reinvented itself as …
Read More »