Oesterreichische Post to shed 1,200 jobs through 2009, union vows fight

Oesterreichische Post AG (Austrian Post) said that it plans to shed around 1,200 jobs until the end of 2009, with some 1,000 positions being eliminated in its mail and package delivery segment.

The Austrian postal services group said that the reduction in the number of letter carriers will take place within the previously announced framework of striking around 400 such positions a year through natural attrition, the Austrian news agency APA reported.

The Post’s employees union said that it will fight these plans and will no longer continue its wage talks with the company’s management, according to APA.