Post Office to cut more than 500 jobs
17 May 2016
- From the section Business
The Post Office is to shed more than 500 jobs in its cash handling business.
The cuts will affect staff who deliver cash and valuables to post offices and other companies and those who process cash.
The Communication Workers Union said the cuts were a direct result of the Post Office pulling out of external cash transit work.
The Post Office said it was briefing the teams affected by proposed changes in its supply chain division.
“These people should of course be the first to learn of our proposals, so we cannot comment further until these briefings are complete,” it added in a statement.
“As part of our journey towards building a commercially sustainable Post Office, we are looking at every aspect of how we operate. It’s our responsibility to ensure that we have a business that is set up to thrive over the long term and can continue to provide important services to communities all over the UK.”
The CWU said the cuts come on top of 500 job losses this year in branches.
Source: BBC Business