Tag Archives: Royal Mail

Royal Mail could cut as many as 5,000 to 6,000 jobs by the end of August next year and warned of more layoffs if planned strikes go ahead, as the British company remains locked in a bitter dispute with its largest labor union. The Communication and Workers Union (CWU), representing …

THE UK'S ROYAL Mail is considering axing 10,000 jobs as the as the delivery giant blamed industrial action for mammoth financial losses. Source link

Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares in the business tumbling 12% to 184.2p. During the six months to September the company made an adjusted …

Numerous strikes have taken place this year, as the Communication Workers’ Union (CWU) continue to be in dispute over pay, and cuts to workers’ terms and conditions. Speaking about the decision to strike, CWU general secretary Dave Ward said: “Nobody takes the decision to strike lightly, but postal workers are …

Royal Mail could cut up to 10,000 jobs over the next year, according its to parent company International Distributions Services. The delivery giant blamed the proposed cuts on the “impact of industrial action, delays in delivering agreed productivity improvements and lower parcel volumes”. Royal Mail confirmed the news this morning …

In a statement, Royal Mail's parent group International Distribution Services announced it will post an adjusted operating loss of £350 million ($395 … Source link

R oyal Mail is set to cut as many as 6,000 jobs over the next year and there could be more redundancies ahead as the industrial dispute gripping the company shows no sign of easing. The company’s chief executive, Simon Thompson, told The Standard that the cuts would not affect …

P ostal workers walked out on Thursday in the first of 19 days of strike action amid a long-running dispute over pay and working conditions. The Communication Workers Union (CWU) said its 115,000 members across the UK are taking action, describing it as the largest strike in a year that …

As thousands of Royal Mail workers walk out from their positions today (October 13), there are many more days of strikes planned across the entire company – impacting post deliveries UK-wide. Picket lines were mounted outside delivery and sorting offices once again on Thursday, in a continuing dispute over pay …

Today, 115,000 Royal Mail workers took their sixth day of national strike action and the first of 19 more one-day strikes scheduled in the run up to Christmas. Placards on display on a picket line during the Royal Mail strike, October 13, 2022 The Royal Mail dispute is by far …