Royal Mail bosses want to only deliver letters on weekdays.
It is in “intensive” talks with unions to avert further strike action but is making up to 6,000 redundancies amid a swingeing overhaul to turn around its fortunes.
In a statement late on Wednesday, Royal Mail said it had entered “intensive talks” with the CWU ahead of the next wave of strikes planned on November 24. Royal Mail’s owner International Distributions Services , which was renamed from Royal Mail Group earlier this year and includes international delivery service GLS and Intragroup, reported pre-tax losses of £127 million for the first half, against profits of £315 million a year ago.
Royal Mail said it would be cutting 10,000 jobs by next year as revenues continue to tumble for the delivery giant“The board reiterates that in the event of the lack of significant operational change in Royal Mail it will look at all options to preserve value for the group including the possibility of separation of the two businesses.”
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