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ECONOMY NEWS ITEMS GB ROYAL MAIL PRIVATE SPEC 1600 - Royal Mail has announced that it will eliminate 1,600 jobs. The declaration of the British Post Office, came six months after the largest privatization in the last 20 years in Britain, has infuriated the unions. Unite and the Communication Workers' Union have threatened strikes.
Royal Mail has stated that it is essential gurgaon pin code to cut costs by 50 million and that can save about 25 million operating 1,600 redundancies between managers and employees, while no postman will lose their jobs. Layoffs expected net will be 1,300, said this morning, as it will create 300 new jobs.
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