The UK’s Royal Mail is set to reduce its workforce by up to 2,500 positions as part of a major restructuring aimed at improving efficiency amid declining letter deliveries and heightened competition. The company, which has faced repeated fines totaling £37 million since 2023 for missing delivery targets, will prioritize cuts in head office and support roles, with the overhaul expected to conclude by the end of next year. The move reflects broader challenges in the postal sector, where shifting consumer habits and regulatory pressures continue to reshape operations.
Postal service says cuts will focus on head office and ‘support function roles’Business live – latest updatesRoyal Mail is to cut up to 2,500 jobs as the embattled company seeks to restructure its business amid intense competition and the continuing decline in letter deliveries.The postal service, which has been fined a total of £37m since 2023 for missing delivery targets set by Ofcom, said the job cuts would focus on head office and “support function roles” with the restructure to be completed by the end of next year. Continue reading...
