EMCC European Monitoring Centre on Change

Bpost

Company/Organisation:
Bpost

Geographic Location

Country: Belgium
Region: Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest
Location of affected unit(s): Brussels

Company

Sector: Transportation / storage
Transportation and storage
53.10 - Postal activities under universal service obligation
Number Employed: 27479

Employment Effects

Announcement Date: 10-11-2015
Planned Job Reductions min: 322
Type of Restructuring: Internal restructuring

Additional Information

In early 2016, Bpost, a Belgian public mail company, will launch two internal restructuring plans titled Alpha and MSO. In the third quarter of 2015, the company recorded a EUR 54mn (USD 58.01mn) provision in anticipation of the costs associated with the Alpha plan. As part of the plan, 322 jobs will be cut. Some of the employee departures will be implemented through an  early retirement scheme (minimum age eligible: 59.5 years old).