Royal Mail to cut 700 management jobs

1/25/2022 12:37:00 PM

Royal Mail to cut 700 management jobs

Royal Mail to cut 700 management jobs

The move is part of an ongoing restructuring designed to streamline processes and save £40m a year.

Getty ImagesRoyal Mail plans to cut around 700 management jobs as it simplifies its operational structures this year.The move, part of an ongoing restructuring programme, will deliver annual savings of around £40m and incur a charge of £70m, Royal Mail said.

It is discussing the changes with trade unions representing its staff.Royal Mail has handled increased deliveries during the pandemic but has also faced challenges with absences due to the virus.That has lead to severe delays to some deliveries, particularly during the festive period, and the threat of fines from the regulator Ofcom.

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The move, part of an ongoing restructuring programme, will deliver annual savings of around £40m and incur a charge of £70m, Royal Mail said. It is discussing the changes with trade unions representing its staff. He told Daily Mail Diary Editor Richard Eden on Palace Confidential that it is possible royal fans will see Harry return this year. Royal Mail has handled increased deliveries during the pandemic but has also faced challenges with absences due to the virus. Defence secretary Ben Wallace said "our streets are safer" after the "successful bust". That has lead to severe delays to some deliveries, particularly during the festive period, and the threat of fines from the regulator Ofcom. "He has two great grandchildren that the Queen hasn't effectively seen yet. In early January around 15,000 staff were off sick or isolating due to Covid, but Simon Thompson, who took over as chief executive of the delivery firm a year ago, said the situation was now improving. Instead, there is a regal image of her sitting on horseback.

Royal Mail staff absences almost double 2018 level Mr Thompson said absences had been "a headwind" in delivery productivity targets. "I think we will see him return this year, for the Platinum Jubilee. Mr Wallace said the operation had "choked off a huge source of finance to international organised crime groups". In the first three financial quarters of the year the firm had spent more than £340m on overtime, additional temporary staffing and sick pay, he said. In the first year of the pandemic Royal Mail saw rising demand for its services as people switched to shopping from home. For more stories from the Daily Star, sign up to one of our newsletters here. Over the past year, with High Street stores open again, that demand has fallen back, but Royal Mail chairman Keith Williams said the trend for higher numbers of parcels being delivered remained. Image source, Image caption, The drugs were laid out to be analysed and then destroyed The warship has been deployed to the region since 2019 and regularly works alongside international partners. "The past few months have demonstrated that the challenge for Royal Mail is to improve both quality and efficiency," he said. "Harry was worried that there wouldn't be protection for his children, which makes me think he might come back on his own, because he may not be given the protection he needs for his children. Only 600 were released before the mistake was noticed, but these coins now sell for up to £800.

"Looking forwards, the delivery of our transformation and modernisation plans remain incredibly important in light of the fast‐paced change we are seeing and ongoing inflationary pressures." Royal Mail shares rose 2. "Royal babies would normally be christened within three months but from what I've heard, Harry has made it clear he wants a royal christening for her, the same as Archie had, and so when is that going to happen?". Commodore Adrian Fryer, the CMF's deputy commander said he was "delighted with HMS Montrose's successful narcotics seizure" which "disrupts the finance revenues of organised crime and terrorist organisations".5% after the announcement. More on this story .