The Post Office

Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Transportation / Storage
53 - Postal and courier activities
53.1 - Postal activities under universal service obligation
53.1 - Postal activities under universal service obligation
427 jobs
Number of planned job losses
Job loss
Announcement Date
10 January 2017
Employment effect (start)
Foreseen end date

Description

The Post Office is reported to be cutting 427 jobs through its plans to close and franchise a further 37 of its Crown Offices. The decision is part of an ongoing plan to cuts costs across the business. In this latest round, 300 staff and 127 specialist financial roles are understood to be affected. The Communication Workers Union has been highly critical of the plans and had held a five-day strike at Crown Offices prior to Christmas over the issue of branch closures.

Sources

  • 10 January 2017: BBC Website
  • 10 January 2017: The Guardian

Citation

Eurofound (2017), The Post Office, Closure in United Kingdom, factsheet number 89813, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89813.