4 Shocking Things The Newly-Privatised Royal Mail Has DoneHuffington Post UKMartin Forsythe, from the Save Our Royal Mail campaign, said: "Today's announcement by Royal Mail is clear sign that profit is being put before services, this is an inevitable consequence of privatisation. As cost cutting continues it wont be long …
Read More »Royal Mail’s share price is down 1.5% – Management Today
Royal Mail's share price is down 1.5%Management TodayCall us pessimistic, but MT foresees another one of those Christmases where Santa doesn't turn up much: Royal Mail has just announced 1,600 job cuts (1,300 net, because it wants to create 300 'new or enhanced roles'). Predictably, unions haven't taken … More: …
Read More »Royal Mail Proposes 1600 Job Cuts as Union Balks at Measures – Bloomberg
Royal Mail Proposes 1600 Job Cuts as Union Balks at MeasuresBloombergRoyal Mail Group Plc (RMG), the U.K. postal service that sold shares in an initial public offering last year, said it plans to cut about 1,600 administrative jobs as the company seeks to streamline operations. The cuts aim to deliver …
Read More »Royal Mail to slash 1600 posts in bid to trim costs – The Drum
Royal Mail to slash 1600 posts in bid to trim costsThe DrumJob losses will be primarily targeted at those in managerial positions with the Royal Mail stressing that postmen and women would be unaffected by the move with the company focussing on 'achieving change through natural turnover, redeployment and … More: …
Read More »Royal Mail takes axe to jobs after going private – The West Australian
The West Australian Royal Mail takes axe to jobs after going privateThe West AustralianLondon (AFP) – Royal Mail plans to axe 1,600 jobs under a fresh cost-cutting programme, Britain's main postal operator said on Tuesday six months after its controversial part-privatisation by the government. The company said that most of …
Read More »Royal Mail to cut 1600 jobs – Yahoo News
Yahoo News Royal Mail to cut 1600 jobsYahoo NewsLondon (AFP) – Main postal operator Royal Mail on Tuesday said it planned to axe 1,600 jobs under a fresh cost-cutting drive six months after the group was partly privatised. Royal Mail said in a statement that most of the jobs to …
Read More »Questor share tip: Royal Mail a long term hold
The national postal service maintains income attraction for the long term investor, says Questor. More: continued here
Read More »Britain’s Royal Mail to cut 1600 jobs – Channel News Asia
Britain's Royal Mail to cut 1600 jobsChannel News AsiaEnlarge; Caption. LONDON: Britain's main postal operator Royal Mail on Tuesday said it planned to axe 1,600 jobs under a fresh cost-cutting drive six months after the group was partly privatised. Royal Mail said in a statement that most of the jobs …
Read More »Royal Mail poised to cut 1600 jobs – Yorkshire Evening Post
Royal Mail poised to cut 1600 jobsYorkshire Evening PostROYAL Mail is planning to axe 1,600 jobs as part of a cost-cutting drive, the company said today. It said it was due to begin consultations with the Communication Workers Union and Unite over the move which will largely involve managerial positions. …
Read More »Royal Mail finds itself on collision course with Unite – ITV News
ITV News Royal Mail finds itself on collision course with UniteITV NewsFive months after privatisation and Royal Mail finds itself on collision course with one of the unions that represents its staff. 1,300 management and head office jobs are going in an attempt to save the business £50 million. A …
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