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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53.1 - Postal activities under universal service obligation
1,500 jobs Number of planned job losses
Announcement Date
22 August 2007
Employment effect (start)
22 August 2007
Foreseen end date
31 December 2009
Description
Österreichische Post, a large Austrian postal service provider, is to cut 1,500 jobs across Austria by the end of 2009. The job cuts are due to overcapacity in the mail delivery services section of the organization, and will affect the 10,500 postmen employed by the organization. Österreichische Post has stated that the job losses will be realized through 'natural turnover', and foresees the staff cuts being achieved through retirements and employees voluntarily leaving the organization. The Austrian Union of Postal and Telecommunications Employees is strictly opposed to the job cuts, and has threatened to organize industrial action in response to the job losses. Österreichische Post management argue that increasing competition in the liberalised post and courier service sector make restructuring imperative. Österreichische Post employs 25,000 in Austria.
Sources
27 August 2007: Kurier
23 August 2007: Der Standard
23 August 2007: Die Presse
Citation
Eurofound (2007), Österreichische Post, Internal restructuring in Austria, factsheet number 65759, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65759.
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