Reform for Japan's post office?
There is talk of reining in Japan’s largest and most powerful financial
institution EVER since his days as a young, wide-eyed politician, Junichiro Koizumi has wanted to privatise Japan’s powerful post office
There is talk of reining in Japan’s largest and most powerful financial
institution EVER since his days as a young, wide-eyed politician, Junichiro Koizumi has wanted to privatise Japan’s powerful post office
Public Management Ministry officials are discussing the transformation of the postal service into a public corporation, set to occur in 2003, but major issues still remain unresolved.
Read MoreJapan: Post services 43.3bn yen in the red
Read MorePanel head calls for postal privatization in inaugural meeting.
Read MoreThe Postal Services Agency on Monday drafted a plan to cut about 14,000 jobs in the mail service in five years’ time, officials said. The figure represents more than 10 percent of 136,000 people currently on the Postal Services Agency’s mail services payroll across the nation. The job-cutting plan is part of the agency’s comprehensive streamlining project involving three areas: mail services, postal savings and insurance services.
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