UK Trend: Royal Mail prompts public outrage for reducing deliveries and cutting thousands of jobs

UK TREND : The Royal Mails crisis is worsening
UK TREND : The Royal Mails crisis is worsening

The UK Royal Mail recently announced wanting to reduce deliveries and cut jobs due to financial losses. Outrage soon spread online, with twitter users blaming Royal Mail executives’ extravagant salaries for the company’s financial crisis.

Many social media users also denounced RM’s decision to cut jobs from already struggling employees amid the cost-of-living crisis, when the company enjoyed a £235m profit in the same period last year.

Royal Mail Refuses to Deliver

In October, Royal Mail’s CEO Simon Thompson announced that they would cut 10,000 jobs by next August to ‘reduce losses’ resulting from ongoing strike actions. The CEO’s bonuses, however, will not actions. The CEO’s bonuses, however, will not be touched by this recent decision.

 

 

Since then, Royal Mail has officially requested governmental permission to stop delivering on Saturdays in an effort to turn around their business after accumulating a deficit of £219 million in the six months up to September. The British public was even more furious by the company’s sole focus: making a profit rather than providing a utility.

 

Others blamed the government for allowing the Royal Mail to be privatized when it ought to be a public service owned by the government.

 

 

 

Royal Mail Strikes

UK Trend Royal Mail prompts public outrage for reducing deliveries and cutting thousands of jobs
Royal Mail to scrap Saturday deliveries (Unsplash)

The mail company was said to be negatively impacted by strike activity, with more walkouts expected in the upcoming weeks. In order to ‘ensure a viable future’, Keith Williams, non-executive chair of Royal Mail’s owner International Distributions Services (IDS), stated that “urgent reform” was required.

 

“We are working to improve parcel services as we move towards a five-day letter delivery system,” he said.

 

In 2004, letter deliveries peaked at 20 billion per year. Today, there are only 8 billion. However, several industries, including the embattled magazine publishing industry, rely heavily on Saturday deliveries. The loss of Saturday deliveries could have disastrous effects on many existing businesses.

 

Sajeeda Merali, CEO of the Professional Publishers Association, which represents the £3.7 billion UK magazine industry, said, “Time-sensitive titles will be delayed and may suffer significant losses, while the entire industry will be affected by a reduction in print capacity and higher costs.”

 


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