EMCC European Monitoring Centre on Change

Royal Mail

Company/Organisation:
Royal Mail

Geographic Location

Country: United Kingdom

Company

Sector: Transportation / storage
Transportation and storage
53.1 - Postal activities under universal service obligation
Number Employed: 160000

Employment Effects

Announcement Date: 12-12-2003
Planned Job Reductions min: 12000
Planned Job Reductions max: 15000
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-04-2002
Foreseen End Date: 01-06-2004
Other Job Reduction Measures: 3000

Additional Information

Royal Mail’s chairman Allan Leighton has indicated that between 10,000 and 12,000 will leave within the next three months as local delivery offices implement a series of changes, including the ending of the second daily postal delivery. These job losses follow two previous waves of 10,000 and 3,000 job losses that have occurred in the past two years. They are a part of a turnaround plan which involves an envisaged 30,000 job losses over three years that seeks to prepare the organisation for the increased competition that will be created by the gradual stripping of its monopoly on delivering letters in the UK by regulator Postcomm.