Yes its a Unite/CMAs Press Release
Unite, Britain's biggest union, representing almost 10,000 managers at Royal Mail Group, today (Tuesday 14 June) accused the company of failing with its slash and burn jobs strategy, which has failed to deliver a turn around in Royal Mail's fortunes.
Royal Mail Group today announced overall profits of £39million, a disappointing result for the company. In the UK the Royal Mail letters, parcels and international business lost £120 million and the Post Office made a profit of £21 million.
Ian Tonks, Unite national officer for Royal Mail said, “Royal Mail staff have experienced almost unparalleled job reductions as a consequence of the company's slash and burn approach but it has made very little progress in turning the business around. Although Unite fought to ensure its members were not made compulsorily redundant, many staff will be asking what was the pain all for?”
"The current regulatory regime allows Royal Mail's competitors to undercut Royal Mail while being given access to its final delivery service. An urgent change in the regulatory environment is needed - its damaging Royal Mail and its staff."
ENDS