(Bloomberg) — Royal Mail Plc reported a bumper Christmas delivery season and said the impact of the omicron strain of Covid-19 on staff absences … Source link
Read More »Royal Mail to cut 700 manager jobs as it ‘simplifies’ operations – The Isle Of Thanet News
Royal Mail Credit: Alena Kravchenko/istock Royal Mail plans to cut around 700 manager jobs to “simplify and streamline operational structures.” In a trading update for the last three months of 2021 Royal Mail said the move would save around £40 million, with around £30 million of that in 2022-23. The …
Read More »Royal Mail delivery delays continue in Hampshire as postal update issued for Havant residents
Over 10 areas of the country are being hit by postal delays as Royal Mail continues to battle against a number of issues. Yesterday (January 24), we bought you an update from Royal Mail which said that residents in one Hampshire area could expect delivery issues. That area, Havant, has …
Read More »Royal Mail lay-offs to deliver £40m annual savings | Business
Royal Mail plans to cut 700 managerial jobs and has lowered its profit outlook for the year due to the anticipated cost of the restructure. The privatised national postal operator said it hoped to simplify its operational structures to ensure an “improved focus on local performance” and “devolve more accountability …
Read More »Royal Mail to cut 700 jobs in cost-cutting drive amid Omicron delivery chaos
Around 700 Royal Mail management staff are set to lose their jobs as part of cost-cutting measures, the company has announced. The delivery firm said that the move will reduce costs by around £40 million a year and will start negotiations with trade unions over job losses in the coming …
Read More »Royal Mail leads FTSE 100 rebound as it cuts 700 jobs
Good morning. There’s no shortage of news for Unilever at the moment. After its disastrous £50bn move on GSK’s consumer arm – which was firmly rebuffed by the pharmaceutical giant and lambasted by shareholders – it’s now planning to slash thousands of jobs. The cuts are said to target numerous …
Read More »Royal Mail set to cut hundreds of jobs to reduce company costs
Royal Mail is expected to axe around 700 management jobs as part of cost-cutting plans, the company has announced. Bosses have said the plans will reduce costs by around £40 million a year and they will begin negotiations with unions over the proposed job losses, reports PA. The move came …
Read More »Royal Mail to sack 700 despite service issues and Covid staff sickness
R oyal Mail staff are regarded as among the heroes of the pandemic but some of their jobs are still at risk. The privatised business said today it will axe around 700 management jobs as part of cost-cutting plans. The move will save around £40 million a year, the company …
Read More »Royal Mail to axe 700 jobs in overhaul that will hit profits
Royal Mail announced plans to axe hundreds of jobs on Tuesday in an overhaul that will hit profits as it aims to improve performance and streamline management. Britain’s biggest delivery group plans to scrap 700 management jobs at a cost of £70m in reorganisation charges following disruption from Covid-19 that …
Read More »Royal Mail to cut 700 managers after Omicron delivery crisis | Royal Mail
Royal Mail plans to cut 700 management jobs and lowered its profit outlook after a tough Christmas when deliveries were disrupted by high sickness levels caused by the spread of Omicron. The company said it had started consulting unions on the cuts, which were designed to “streamline operational management to …
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