EMCC European Monitoring Centre on Change

Yodel

Company/Organisation:
Yodel

Geographic Location

Country: United Kingdom
Region: Wales

Company

Sector: Transportation / storage
Transportation and storage
53 - Postal and courier activities

Employment Effects

Announcement Date: 22-11-2011
Planned Job Reductions min: 140
Planned Job Reductions max: 140
Type of Restructuring: Merger/Acquisition
Employment Effect Start: 01-01-2012
Foreseen End Date: 30-06-2012

Additional Information

Delivery company Yodel has announced plans to cut 140 jobs in Wales. Jobs will be affected in Cardiff, Anglesey and Carmarthenshire. These plants will be closed within the first half of 2012.

The company was formed in 2010 through an acquisition process of DHL Domestic and the cuts are therefore blamed on duplication of services in some areas. The company stated that it aims to inform staff of their options.

 

Sources:

22-11-2011BBC News

Sources Links:

http://www.bbc.co.uk/news/uk-wales-15828496