Royal Mail warns of 6,000 job cuts as postal workers step up strikes | CNN Business

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Royal Mail warns of 6,000 job cuts as postal workers step up strikes | CNN Business
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UK postal service Royal Mail said Friday that it could cut 6,000 jobs as it warned of a big loss this year, which it blamed on a wave of strikes and a decline in its parcel delivery business

UK postal service Royal Mail\n \n said Friday that it could cut 6,000 jobs as it warned of a big loss this year, which it blamed on a wave of strikes and a decline in its parcel delivery business. About 110,000 Royal Mail staff went on strike on Thursday to demand better pay and working conditions. It was the first of 19 days of strikes planned to coincide with the peak holiday shopping season, including Black Friday and Cyber Monday. The strikes follow walkouts in August and September.

The union also says the company had imposed a 2% pay increase on workers, well below the rate of inflation. It is pushing for more, though it has not said by how much. In a statement posted to its website on Friday, the union said it was demanding a government inquiry into the “gross mismanagement” of Royal Mail. Royal Mail has said that most letters will not be delivered on strike days, and customers should expect delays to parcel deliveries.

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