Royal Mail consulting on 1,600 job cuts
Royal Mail is consulting with unions on plans to cut 1,600 jobs that it hopes will save £50 million. The firm said that around 300 "new or enhanced" roles would also be created.
Royal Mail job cuts 'could save £50 million'
Royal Mail has said that it is starting consultations with unions to cut 1,600 jobs in a move which the company hopes will save £50 million.
In a statement Royal Mail said that around 300 "new or enhanced" roles would be created meaning a loss of 1,300 jobs.
More top news
-
Joe Biden vows to fight racial inequality with economic agenda
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
-
Trump reverts to promoting unproven drug as coronavirus treatment
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
-
What the papers say – July 29
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.