Royal Mail axes 2,000 jobs in wake of coronavirus crisis
PUBLISHED: 07:54 25 June 2020 | UPDATED: 09:15 25 June 2020
Around 2,000 jobs are being cut at Royal Mail in a management overhaul.
The group is working to slash costs in the face of the coronavirus crisis and the cuts come as part of an overhaul under plans to save £330m over the next two years.
The cull will affect some of its 9,700 managers, with senior executive and non-operational roles hardest hit.
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At the moment Royal Mail has two arms, the UK Parcels, International and Letters division and General Logistics Systems (GLS) - a parcel delivery company based in Europe.
It has been suggested that the firm should be split up.
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The job losses come after a difficult two years at Royal Mail, plagued by letter declines and fights with unions.
Royal Mail has depots across Norfolk.
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