The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(49 - 53) Transportation / Storage 53 - Postal and courier activities 53.1 - Postal activities under universal service obligation 53.1 - Postal activities under universal service obligation
1,751 jobs Number of planned job losses
Announcement Date
21 March 2011
Employment effect (start)
Foreseen end date
Description
Royal Mail has announced plans to cut 1751 jobs across the UK. The job losses include 1,000 managers across the UK and 751 employees in London where two centres will close down. The company said the cuts were necessary as it expected the volume of mail posted in London to have halved from 2006 levels by 2014. Royal Mail said it believed it would not be forced into making compulsory redundancies. As of 29 March 2011, no timeline has been given for the implementation of the cuts.
Sources
21 March 2011: BBC
Citation
Eurofound (2011), Royal Mail, Internal restructuring in United Kingdom, factsheet number 71801, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71801.
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