Author: News Desk

Postal service expects operating loss of about £350m in year to end of March, which could rise to £450m Royal Mail said it may need to cut up to 10,000 roles by next August, blaming strike action by its workers and the continuing decline of its core business. In an unscheduled trading update a day after Royal Mail workers staged a 24-hour strike over pay and conditions, the company said thousands of roles would have to go because of damage and disruption caused by industrial action, as well as declining parcel volumes. Continue reading… ​Postal service expects operating loss of…

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  Royal Mail is consulting on a programme of job cuts which is expected to see around 10,000 fulltime roles axed by August next year, parent group International Distribution Services has announced. Royal Mail is consulting on a programme of job cuts which is expected to see around 10,000 fulltime roles axed by August next year, parent group International Distribution Services has announced. 

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