13/07/2001

Post Office to shed staff in cost-cutting strategy

THE POST OFFICE is to make over 2,000 staff redundant as part of a UK-wide strategy to improve cost efficiency and to combat growing competition.

The job losses, which are estimated to affect around one per cent of the total workforce, will occur mainly throughout administrative and managerial levels, and are to take the form of voluntary redundancies. While it is still unclear to what extent Northern Ireland will be affected by the lay-offs, it has been confirmed that the first cutbacks will become effective in October.

In addition, it has been announced that a further 7,300 employees are to be reassigned to other areas within the organisation as part of a plan to remove working inefficiencies in certain departments.

The Post Office was recently renamed Consignia in a move to underline its determination to be a major player in the global distribution market. While its corporate identity is immediately recognisable in the UK, the company faces a tougher time in the international market where it is often difficult to find a corporate name that stands out from the competition.

However, the brands of Royal Mail and Parcelforce Worldwide, and the network of Post Office branches remain unaffected by the change of corporate identity. (CL)

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