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Royal Mail to axe 1600 jobs while Siemens creates 1000 – This is Money

Royal Mail to axe 1600 jobs while Siemens creates 1000
This is Money
The firm is due to begin consultations with the Communications Workers Union and Unite over the job losses which it said would be mostly managerial positions. Royal Mail, which floated on the Stock Exchange last Autumn, said 300 new or enhanced 

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