The Post Office is reportedly floating cutting two-thirds of roles within the delivery service
By Patrick O'Donnell
Published: 08/10/2024
Updated: 08/10/2024
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The Post Office is considering axing around two-thirds of jobs at the postal company in a blow to Britons, according to reports.
Earlier this year, a review into cutting costs was launched by interim chairman Nigel Raiton with job cuts being considered.
The Telegraph reports that the company is "under discussions" with the Government over the results of the review.
Details of whether roles will be cut are set to be shared with staff and sub-postmasters in the near future.
Rumours of cuts to the workforce have resulted in anxiety over the fate of thousands of Post Offices across the country.
It should be noted that any reduction in staffing will not impact sub-postmasters who operate the majority of the postal retail firm's 11,500 sites.
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Despite this, job cuts increase the odds the UK's waning Crown Post Office branch network could be slashed as these are staffed and hired directly by the company.
One of the proposals involves staff numbers being cut from around 3,100 to around 1,000.
This is part of efforts to slash more than £200 million in costs with money saved going towards postmasters' pay.
It is understood that 117 Crown branches were operational in the country as of March 2023.
At the time of the review's announcement, the company claimed it was looking for "views of the serving postmasters and other stakeholders with an interest in the Post Office’s role in communities across the country".
A Post Office spokesman told GB News: "Our interim chair commissioned an independent review that’s looking at the sustainability of our branches and how we can best serve communities into the future.
"He has been clear from the outset that remediation for postmasters affected by the IT scandal and providing postmasters with a higher revenue share are his priorities.
"A range of recommendations are currently under discussion with the Government, and we are engaging with bodies representing Postmasters as these discussions continue."
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Speculation over job cuts comes ahead of Post Office chief executive Nick Read being questioned over the Horizon scandal.
