Royal Mail blames financial losses and strike action for 6,000 redundancies

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Royal Mail blames financial losses and strike action for 6,000 redundancies
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Royal Mail said it will make 6,000 people redundant by next August and blamed those on strike and a struggling business model for the decision

The long-drawn out dispute between Royal Mail and its staff has seen the business announce it will make 6,000 people redundant by next August – blaming those on strike and a struggling business model for the decision.

Royal Mail bosses have said the firm could be damaged by strike action. | Photo: Ellis Karran for The Lincolnite The postal firm has been formally notified of two further days of action by the CWU, taking place on October 20 and 25, and says it has been threatened with 16 more days of strikes through November and December.Simon Thompson, CEO, Royal Mail, said: “This is a very sad day. I regret that we are announcing these job losses. We will do all we can to avoid compulsory redundancies and support everyone affected.

Strike action in August from the Communication Workers Union by Lincoln’s Royal Mail delivery office. | Photo: Ellis Karran for The Lincolnitethey were after a no-strings pay rise, after rejecting a 2% pay increase that would have translated to a real terms wage cut when considering inflation and the rising cost of living.

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