10,000 jobs To go by august

[qwerty2]

Just been on bbc - bastards!!!!!

https://www.bbc.co.uk/news/uk-63253687

Royal Mail has announced plans to cut 10,000 jobs by next August, blaming ongoing strike action and rising losses at the business.

The postal company said it will begin notifying workers of its plan, which includes up to 6,000 redundancies.

Outside of the redundancies the firm will cut roles through natural attrition, for example by not replacing workers who leave.

Royal Mail also said it expects its full-year losses to hit £350m.

It said this included "the direct impact of eight days of industrial action" as well as lower volumes of parcels being posted.

But the firm warned that losses could reach as much as £450m "if customers move volume away for longer periods" following strike action.

Royal Mail's chief executive Simon Thompson said: "This is a very sad day. I regret that we are announcing these job losses. We will do all we can to avoid compulsory redundancies and support everyone affected."

Royal Mail workers, who are members of the Communication Workers Union, this week began a fresh round of strikes over pay and conditions which will include 19 days of industrial action, including Black Friday.

The next strike date is scheduled for 20 October followed by a further walk-out on 25 October.

The CWU's general secretary, Dave Ward, said Royal Mail's announcement "is the result of gross mismanagement and a failed business agenda of ending daily deliveries, a wholesale levelling-down of the terms, pay and conditions of postal workers, and turning Royal Mail into a gig economy style parcel courier".

But Mr Thompson said on Friday: "Each strike day weakens our financial situation.

"The CWU's decision to choose damaging strike action over resolution regrettably increases the risk of further headcount reductions."

Royal Mail said that if workers go ahead with further walk-outs "the loss for the full year would increase materially and may necessitate further operational restructuring and headcount reduction".

During the first half of its financial year, Royal Mail said strike action cost the business £70m, leading to an operating loss of £219m compared to a £235m profit last year.

But Mr Ward responded: "This announcement is holding postal workers to ransom for taking legal industrial action against a business approach that is not in the interests of workers, customers or the future of Royal Mail. This is no way to build a company."

Royal Mail also revealed that it will have to enter talks with the union because, it said its legacy voluntary redundancy scheme, which offers up to two years' of pay, "is now unaffordable".

International Distributions Services, which is the parent company of Royal Mail, saw its share price tumble by 11% to 187p each on Friday following the announcement.

The company currently employs 140,000 people. It plans to cut between 5,000 and 6,000 jobs through redundancies. Headcount will be scaled back by a further 4,000 through not replacing people when they leave, cutting temporary staff and reducing overtime.

CWU members are striking over a pay deal Royal Mail offered earlier this year. This is made up of a 2% wage rise. as well as an additional 3.5% increase dependent on workers agreeing to certain conditions such as mandatory working on Sunday to deliver parcels.

At the moment, Sunday working is voluntary. Royal Mail also wants employees to start later and finish later to accommodate online shopping habits, where people tend to order goods in the evening or late at night and want next-day delivery.

The CWU has rejected the offer, saying it failed to match rising inflation, which is currently running at a 40-year high of nearly 10%.

Royal Mail has been attempting to make the company a "parcels-led" business as the number of letters being sent through the post declines and more people shop online.

[norris9]

Our mail centre is already understaffed by 30%, we have no floats. I doubt they'll be asking anyone at our place to leave.


Are they firing 6,000.....and then going to put up 10,000 jobs for lower paid new starters.

[SpacePhoenix]

Our mail centre is already understaffed by 30%, we have no floats. I doubt they'll be asking anyone at our place to leave.

Take away casuals/agency and it's probably getting towards 50% some busy days

[vila465]

Every office is under staffed

[KnowItAll]

I guess that helps to explain why they'd not filled a lot of vacancies recently. They hope to use natural attrition to remove most of the jobs but still anticipate around 5k VRs. Oh, and they're going to do it using new VR terms because they can't afford the current ones.

[norris9]

I guess that helps to explain why they'd not filled a lot of vacancies recently. They hope to use natural attrition to remove most of the jobs but still anticipate around 5k VRs. Oh, and they're going to do it using new VR terms because they can't afford the current ones.

How will it work....

the least senior people are made redundant?

[R5001]

Still the whole "350m loss" when they gave away 400... Ugh.

[Deadly]

The number of agency staff will have no effect on redundancies in my opinion. Royal Mail would love to have 100% temporary staff if they could so expensive senior permanent staff will go first.

Edit to add

I’ve just read Thomason’s statement and it says 10000 job losses in total, 5-6000 voluntary redundancies and the rest through natural wastage and losing temporary roles. Form an orderly queue…

[Tman]

No-one here is going to get VR.
Back room and admin staff only.

[rambo1]

I guess that helps to explain why they'd not filled a lot of vacancies recently. They hope to use natural attrition to remove most of the jobs but still anticipate around 5k VRs. Oh, and they're going to do it using new VR terms because they can't afford the current ones.

Where do I sign.

[SpacePhoenix]

No-one here is going to get VR.
Back room and admin staff only.

Don't know about other MCs but locally I believe that most if not nearly all back room and admin staff are actually posties so they'll just end up back on normal duties, probably initially as leave reserves

[Acca Dacca]

The last throw of the dice

[guardianangel]

They should give everyone a chance of vr , they would have 115000 volunteers.

[cockneyrebel]

Took payment back in March after 24 years Ill Health-but was not that bad-just wanted out re niggly injuries fatigue bit of stress etc
DOM did me good turn re my sevice record
Best thing i ever did
Anyone over 55 that job is just Dead man Walking now and re future-it looks very bleak for over 55s re changes Company want to bring in
GET OUT OF THERE Your injuries and fatigue fade away, no aggro-plenty of work out there part time and full time hours to suit
i walked into a little one within days of leaving
But front line staff wont be touched re 6/10,000
We All know most UK Depot still failing some day/s during every week of the year !!!!!
MY CONCERN !! Daves facebook video thouhgt they making progress ?????? re talks - Royal Mail coming round to the solid union Support re strikes ?
Would Appear Not !
But agree re Daves comment this morning It Scare tactic
Remember the 2,000 managers few years back !!??
Think it was less the 500 that actually left and all got minimum of £50,000 from what i heard from couple I knew who took the package
Was a good job 10/15/20 years ago
Aware times change and people/business has to adapt/improvise/overcome
But that job-noit what it should be and doubt now IT EVER WILL BE

[darkknight34]

Scare tactics.

Had the opposite effect at our office they are over the moon at the thought of a way out.