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Latest News

Post Office to shed 5,000 jobs

by Personnel Today 22 Mar 2001
by Personnel Today 22 Mar 2001

The Post Office is to shed 5,000 jobs in order to turn last
year’s net loss of £264 million into a profit of £300 million within three
years according to the chief executive John Roberts.

A spokesman for the Post Office, which will become Consignia
plc next week, said the job cuts would not be achieved through redundancies but
by natural wastage.

She commented, “We are talking to unions to try and improve
productivity. Staff turnover a year is about 6,000 and we will be trying to achieve
any job cuts gradually.”

www.royalmail.com

By Ben Willmott

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Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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