The Post Office also confirmed that hundreds of further roles are under threat at its headquarters
More than 100 Post Office branches and some 1,000 jobs are at risk under a sweeping overhaul as the group looks to boost postmaster pay by £250 million over five years. The Post Office revealed it is looking to offload 115 directly-owned branches within its 11,500 network, which could see them transferred to retail partners or postmasters, or potentially closed.
” He added the overhaul also “begins a new phase of partnership during which we will strengthen the postmaster voice in the day-to-day running and operations of the business, so they are represented from the frontline to the boardroom”. It follows a strategic review launched by Mr Railton in May, but is reliant on funding talks with government, which the Post Office said were “positive and ongoing”.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Post Office 'to close 115 branches and axe hundreds of head office jobs'The company has been severely hit by the Post Office scandal which saw hundreds of sub-postmasters wrongly prosecuted after a faulty IT system made it appear that money had gone missing
Read more »
Russia 'fines Google $20,000,000,000,000,000, -000,000,000,000,000,000' - more than all the money in...The tech giant is facing claims from 17 Russian TV channels after banning their accounts on YouTube, which it owns, as a result of international sanctions.
Read more »
Post Office confirms 115 branches at risk of closing in major shake-upRoyal Mail plans to cut 2nd-class deliveries to save £300m a year
Read more »
The Post Office is to close 115 loss-making branches and cut hundreds of jobs...2K4RR6H Rostov on Don, Russia – 02.21.2022 – McDonalds logo on restaurant branch, yellow macdonald logo of popular fast food company. Mac donald brand logotyp
Read more »
Arsene Wenger predicts major Premier League U-turn in huge Man City 115 charges verdictArsene Wenger has predicted another victory for Manchester City against the Premier League in their hearing against 115 alleged breaches of financial fair play rules.
Read more »
Man City 115 charges case may be extended after ‘surprise’ claimThe inside track on the football stories that matter
Read more »