TNT not planning to cut thousands of jobs
TNT NV said it has no intention of cutting more than the 6,500-7,000 jobs previously announced as part of its cost-cutting program.
TNT spokesman Pieter Schaffels said that media reports claiming TNT may cut thousands of additional jobs do not reflect its intention with regard to its savings plan and upcoming labor talks.
‘We already made it clear in April that we see two scenarios for reaching our target of 300 mln eur in savings,’ spokesman Pieter Schaffels said.
He said TNT still prefers the first scenario, in which job losses are capped at 6,500-7,000 while collective labor agreements are adjusted for additional cost savings. The company has said that in this scenario, it will minimize forced lay-offs.
However, if agreements cannot be reached with unions regarding wages, overtime pay, pension costs and other issues, Schaeffels confirmed that a second scenario could result in up to 11,000 job losses.
‘That is not our preference,’ the spokesman said, adding that it is premature to discuss job losses ahead of key negotiations with unions, noting that ‘to an extent, the ball is in the unions’ court’.
