Tag Archives: targets

Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year. The penalty was nearly double last year’s fine of £5.6m for failing to meet obligations under the Universal Service Obligation. Under Ofcom’s standards, …

Royal Mail axing 2,000 management jobs Around 2,000 management jobs are being axed at Royal Mail as it looks to slash costs in the face of the coronavirus crisis.The group said the job cuts come as part of a management overhaul under plans.. Credit: PA – Press Association STUDIO     …