600 jobs to go at Post Office
The Post Office is going to axe 600 jobs in their cash handling business. This is according to the Communication Workers Union.
The PO's handling operation, called Supply Chain, does the collections, handling, and distribution of money over the Post Office network. These jobs are set to get the chop along the loss of 500 jobs from the franchising of 39 Crown Post Offices.
There's also 50 finance experts who sell products in the branches that are set to be made redundant, as the Post Office looks to cut costs.
The CWU, the union who represent postal workers, along with Unite who look after the managers, have asked the management at the Post Office management to resign, as a protest to the cuts being imposed on them by the government.
Dave Ward, general secretary of the CWU, said that these losses shows that the Post Office management "has to face the fact that it is in crisis and heading for ruin".
"If they care about the future of the network they should resign in protest at the straightjacket Government cuts have left them in."
"The Post Office was split from Royal Mail in 2012 in the run-up to privatisation and we are yet to see a plan that will secure its future. With a cut in its funding from £210m in 2013, to zero in 2019, these job losses show that, under Business Secretary Sajid Javid's leadership, the Post Office is heading the same way as the steel industry."
Unite's Brian Scott said that these the losses are going to "tear the heart out of the Post Office" and "put it on the road to destruction".
"The Post Office's business plan, which was agreed with the Government, has failed. Those at the top should accept the blame for that, but instead they are adopting a slash and burn approach in an effort to cover this up."
"We will not sit back and watch them destroy a public institution".