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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 …

The CWU says the Royal Mail wants to turn the postal service into an 'Uber-style employer' Source link

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 …

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 …

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 …

Beneath the dramatic headline threat of 10,000 job losses in Royal Mail’s unscheduled trading update were plans that could prove to be similarly divisive. In the final passage of the update the board warned that unless a “significant” transformation was achieved, the separation of GLS, its profitable international parcels business, …

At times, the impression is that the recent wave of damaging strikes, not just at the Royal Mail, but also BT, the railways, the country’s ports, and other vital parts of the economy has been driven more by a desire among hard-left union barons to score points against a Tory …

CNBC reports that Royal Mail revealed plans on 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 …

Postal workers on strike outside Royal Mail’s Sun Street depot in Wolverhampton on Thursday 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 chief executive Simon Thompson said on …

Royal Mail announced today that it will axe 10,000 full time jobs—over 6 percent of its 150,000-strong workforce across the UK. The jobs massacre was unveiled by parent group International Services Distribution and will be realised in two tranches, with 5,000 redundancies by March and a total of 10,000 by …