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Why do you think the board want to change the USO at all if there's no savings in it?
If they had no intention of reducing headcount surely they would just leave it as it is.
If they drop letter deliveries on a Saturday, there is no need for group/floater/link posties any more.
They will probably only be delivering tracked and specials on a Sat' which will only require a skeleton crew working full shifts.
I'm absolutely certain there will be some vr's if the USO is changed, plus there are the revisions to consider too.
"scary stuff sort of let's you know why I took it"
Good to know shareholder funds are being sensibly utilised :-((((
They actually gave me my 25 years redundancy money plus 30 thousand and then asked me if I would finnish 3 months early and they would give me full pay for the 3 months scary stuff sort of let's you know why I took it
Henky, Mike, you lucky bu¶¶e®$. I have served 42 years of my sentence and my manager told me a couple of years ago that there would not be any VR on the table going forward.
I agree, zero chance of redundancies on deliveries even if the USO does get reduced, most offices are sill relying on agency staff.
I handed my notice in a couple of months back after 21 years in the job, don't miss it or regret one bit.
No Evr's on delivery . With the number of workers now confirming permanently working from home , it's boom time for royal mail. Deliveries and collections.
Got my voluntary redundancy 6 years ago pauly best thing I ever did.Do you still get the 30 grand payment for redundancy or have they done away with that
Haha. Nice one @OliGarch.
I'm sick of the place
I hope Keith Williams gets his way with changing the USO and the dropping of Saturday(?) letter deliveries means voluntary redundancies for which I will be an eager candidate ??
Pauly, don't hold back, just let us know what you really think....lol
I think Royal Mail will think the average holiday agreement is bad news. Surely that will add up to millions of back pay
Pauly sounds just like a previous poster.
If you'd been inside an RM delivery office, you'd better understand why Royal Mail can be relied on to disappoint.
The business is a shambles. Management can have all the good intentions and plans in the world, but all of the mail traffic is forced to go through a local delivery office for the final mile delivery.
These places are mostly archaic with an ageing, sulky workforce who hold intransigence dear to their hearts and still behave as though they're working for a state owned monopoly.
The UK business made a profit last year solely because of the black swan event of the pandemic which resulted in total lockdown, otherwise it was forecast to make a loss.
As the saying goes: even a bad business can make money in a good market; step forward Royal Mail.
Royal Mail is massively hindered by weak management, an ageing workforce who oppose change at every opportunity and the fact that it ceded far too much influence to the union to get it's current 2 year deal over the line.
Just the usual rmg yo yo scenario. Been like this since the launch.
Just like the last time we got promoted to the ftse100 the SP crashes once again, contrary to what it was predicted and expected to do.
It won't be long before the shorters are circling.
How does a share price lose 10 percent in a couple of weeks when there's been no bad news from the business, no downgrades from the brokers (in fact there's been just opposite).
Absolute joke