Tag: Mail

Royal Mail set for ‘material loss’ despite jump in parcels

Image copyright Getty Images Royal Mail says it expects to report a “material loss” this year despite seeing the number of parcels it delivered throughout five months of lockdown jump by more than a third. The surge in parcel post meant revenues beat expectations for the period. However, the number of letters it delivered fell by 28%, continuing the trend… Read more →

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Royal Mail set to cut 2,000 management jobs

Image copyright Getty Images Royal Mail is to cut 2,000 management jobs, about a fifth of its managers, as it struggles to deal with the effects of the coronavirus crisis. The postal service was already facing challenges before the pandemic. The company said the coronavirus outbreak had accelerated the trends of more parcels and fewer letters being sent. Royal Mail… Read more →