Next big blow to the post office: 110 jobs cut and almost 70 more expected to be made redundant

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The next big blow to the Post Office: It will have to lay off 110 people because of cost cuts. It’s the second layoff in as many months, after taking over the direct mail company’s delivery and laying off nearly 4,000 people. It is likely that nearly 70 terminations will be required. A consultation process has been opened.

Costs must fall

Fewer letters and deposits at post office counters, higher costs and reduced consumer sentiment. The difficult economic environment is causing problems for Swiss Post. “It needs to reduce the costs of support functions in the group by 10 percent and thus save approximately 42 million francs by 2025,” the Post Office said in a letter.

More about the post

Manuela Huser explains postal dismantling

“Many people need this job to secure their existence.”

Ambitious growth plans

Postal magnate Roberto Cirillo faces major obstacles

Postage discount for delivery drivers

“Not one out of 4,000 jobs was saved.”

This means there is no peace for the yellow giant. Some of the cost savings come from reducing material costs. However, the reduction of 110 full-time positions cannot be prevented. “This particularly concerns finance, human resources, IT/technology, communications, and CEO departments,” the post continues. Therefore, postmen and employees in distribution centers are not affected.

Nearly 70 layoffs are expected

Layoffs will be offset by natural volatility, early retirement and declines in employment levels. However, the postal service is expected to have to lay off 69 employees. All employees in support functions were notified in a letter on Tuesday.

“It is also likely that there will be changes to the employment contracts of up to 114 employees,” he continues. These are mostly workplace related. Office space in the Bern region is being pooled and consolidated. Efficiency measures will now be implemented from March 2024. This effect is expected to occur in 2025 at the latest. (wgr)

Source :Blick

Tim

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.