Author: Ian Taylor

PostNord plans major cuts

PostNord will be reducing the number of its admin and support employees by 700-800 in order to save the company approximately SEK 500 million a year. The cuts will primarily affect its Denmark offices. The implementation of the program will begin during the fourth quarter 2014, when the restructuring costs will be determined and the necessary provision made. In addition, PostNord is set to announce further measures, mainly within production, to strengthen its long-term competitiveness.

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