Royal Mail announced plans to lay off 700 managers and lowered its profit outlook after a tough Christmas when deliveries were disrupted by high sickness levels caused by the spread of Omicron.
The company said it had started consulting unions on the cuts, which were designed to “streamline operational management to improve focus on performance at a local level”. It has frequently been at loggerheads with unions over changes, and stressed that the cuts would be made “through natural turnover, redeployment and voluntary redundancy, wherever possible”.
