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    Home»WORLD»Royal Mail prepares to cut 2,000 jobs
    WORLD

    Royal Mail prepares to cut 2,000 jobs

    News DeskBy News DeskJune 25, 2020No Comments1 Min Read
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    Royal Mail is set to cut 2,000 management jobs as it fights to cope with the impact of COVID-19 pandemic.

    The postal service company was already facing issues before the start of the pandemic.

    The coronavirus outbreak had accelerated the trends of more parcels and fewer letters being sent.

    The company said it had not adapted quickly enough to that change in the market.


    ♦ Bayer paying up to $10.9B to settle Monsanto weedkiller case


    The postal service company employ about 162,000 as of 2019, of which 143,000 are in the United Kingdom.

    The postal service company currently has about 9,700 managers, and the job losses will hit the most senior roles hardest, with half of them set to go.

    “Frontline postal staff are unlikely to be affected because Royal Mail needs to preserve quality of service”, a spokesman said.

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