Partner Article
Royal Mail to cut 1,600 jobs
Royal Mail are to make 1,600 redundancies as part of a cost efficiency restructuring, but will also create 300 new roles.
The newly privatised company say they will be cutting management level positions at their head office, not “frontline” postmen and postwomen.
It is hoped £50 million will be saved in the process as Royal Mail begin to consult with unions UNITE and CWU.
Moya Greene, CEO of Royal Mail plc, said: “We are continuously improving our efficiency, whilst maintaining our high Title: Quality of Service Description: Measurement of Royal Mail’s performance against the service targets set out in its licence.Quality of Service.
“We need to do so in order to effectively compete in the letters and parcels markets. This is the best way to ensure the continued delivery of the Title: Universal Service Description: Postal products and associated minimum service standards that must be available to all addresses in the UK.
“Universal Service and the good quality jobs we provide for our people.”
This was posted in Bdaily's Members' News section by Tom Keighley .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
A year of resilience, growth and collaboration
Apprenticeships: Lower standards risk safety
Keeping it reel: Creating video in an authenticity era
Budget: Creating a more vibrant market economy
Celebrating excellence and community support
The value of nurturing homegrown innovation
A dynamic, fair and innovative economy
Navigating the property investment market
Have stock markets peaked? Tune out the noise
Will the Employment Rights Bill cost too much?
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth