Will more firms follow suit?

Unilever (ULVR) has proposed a new organisation model and confirmed it will result in around 1,500 job losses globally – with Royal Mail also announcing plans to cut 700 jobs in the UK, leading to concerns that more layoffs will follow in the face of higher inflation.  In a press …

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Royal Mail axes jobs as COVID bites

LONDON (AFP) – British postal operator Royal Mail on Tuesday announced plans to cut 700 management jobs to slash costs, as it revealed that thousands of staff were off work with COVID. The company said the plan would save GBP40 million a year. One-off restructuring costs would total GBP70 million, …

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