Consignia has negotiated an
agreement with the Communication Workers’ Union which ensures that 30,000
redundancies over the next three years will be voluntary, the FT reports.
Consignia officials struck the
deal with trades union bosses to avoid compulsory redundancies and reduce the
likelihood of strike action, the paper
says.
The agreement is understood to
promise Consignia employees alternative jobs at the company and protect pay
levels for those that move.
The union is due to decide
today whether to agree to the deal.
The move is expected to cost
Consignia £400 million in redundancy and relocation packages.
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Consignia workers are still in
dispute over pay.
