Royal Mail poised to cut 1,600 jobs

Press Association
File photo dated 04/04/13 of a Royal Mail sign.  Royal Mail is consulting on plans to cut 1,600 jobs, the company has said. PRESS ASSOCIATION Photo. Issue date: Tuesday March 25, 2014. See PA story INDUSTRY Mail. Photo credit should read: Lewis Stickley/PA Wire
File photo dated 04/04/13 of a Royal Mail sign. Royal Mail is consulting on plans to cut 1,600 jobs, the company has said. PRESS ASSOCIATION Photo. Issue date: Tuesday March 25, 2014. See PA story INDUSTRY Mail. Photo credit should read: Lewis Stickley/PA Wire

%VIRTUAL-SkimlinksPromo%Royal Mail is planning to axe 1,600 jobs as part of a cost-cutting drive, the company said today.

It said it was due to begin consultations with the Communication Workers Union and Unite over the move which will largely involve managerial positions.