Hasty introduction of competition will trigger more job losses, Consignia warns
Any hopes that the political fall-out from the 15,000 job cuts announced by Consignia would be limited to one embarrassing ministerial statement in the Commons were dashed yesterday when management threatened yet more redundancies if competition was introduced too quickly.
Appearing before the public accounts committee, John Roberts, Consignia’s chief executive, said that proposals to end the post office group’s monopoly within weeks would add another Pounds 750m to its mounting losses and necessitate a further 15,000 job cuts.
Officials later struggled to make clear whether this threat was in addition to the question mark hanging over another 25,000 staff which had earlier given rise to a suggested total of 40,000.
