La Poste operating result melting away
The operating profit of Belgian postal company La Poste has nose-dived by 85 per cent from 134m euros in 1999 to 20m euros in 2001.
Read MoreThe operating profit of Belgian postal company La Poste has nose-dived by 85 per cent from 134m euros in 1999 to 20m euros in 2001.
Read MoreConsumer postal services watchdog Postwatch is planning to run a consumer brand awareness campaign and is looking for an ad agency to handle the business. Its spokesman Andy Frewin says: “Despite a successful launch, awareness of what we do is zero.”
Read MoreSTRONG MANAGEMENT HAS not been what we have come to expect from the Post Office. Changing the name of the organisation to the ghastly Consignia may have been silly but at least it amounted to a remarkable display of decisiveness. And this week it seemed that the management might actually have stiffened its nerve sufficiently to tackle entrenched problems in the business. John Roberts, the chief executive, appeared before the Treasury Select Committee on Tuesday and made it clear that he was prepared to consider up to 30,000 job losses over the next 18 months. ow that he has been brave enough to admit the scale of change that needs to be brought about, Roberts should not backtrack
Read MoreProposals by Mexican legislators to reform the Postal Service Law in order to provide more support for the Mexican Postal Service (Sepomex) were opposed by the nation’s private courier industry.
Read MoreLeaders of Britain’s postal workers have threatened a national strike after the head of Consignia disclosed shock plans to axe up to 30,000 jobs over the next 18 months. Chief executive John Roberts revealed yesterday to a committee of MPs that tens of thousands of posts could be cut as the group moves to reduce costs in the face of increasing competition and huge losses.
Read MoreConsignia played down on Wednesday the prospect of up to 30,000 job cuts, as unions threatened strike action. It said that no final decision had been made, adding that it hoped any losses would come through natural wastage.
Read MoreThe Posts Ministry has decided to allow the private sector to fully enter postal operations as early as fiscal 2003. The decision would eliminate for the first time ever the government monopoly on the collection and delivery of envelope mail and postcards, and enable package shipping firms to handle all types of mail.
Read MorePrime Minister Tony Blair said he was not consulted about Consignia’s plan to axe another 30,000 postal workers over the next 18 months. During Prime Minister’s Questions, Blair said he regretted the possibility of further job losses but said it was not a matter for the government but one for the company and the unions. “We gave the Post Office the commercial freedom that people wished for,” he said, adding that these are “challenging” times for the business.
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