Managers going on strike literally has zero effect on whether anyone gets their mail or not. They could all call in sick on the same day and the nation wouldn’t know any difference
Very true. If you’d cut 50% of managers in every organisation, Britain’s productivity would rise significantly.
If they strike on the same day as employees it would have an impact. Nobody to do specials & tracked.
But yes agree, no impact otherwise.
Next week they are cutting all overtime hours for 1 week. So we have been instructed to bring back mail even if its only an additional 5/10 mins to clear. So much for the USO … They already have a potential multi million pound fine looming
Managers work to rule & strike called off.
Workers have voted: 97.6% in favour of industrial action.
And the share price has risen. Lol
In order to recognise the two very separate arms of the business, the holding company is to be renamed “International Distributions Services ”
Full RNS here
What a pointless name change.
The Royal Mail is an established name and has been around since 1635.
In some ways, it seems worse than Consignia which is quite a feat..
I’d prefer a demerger.
Royal Mail will stay the same, the new holding company is to separate the profitable part GLS. At some point GLS will be spun off and Royal Mail will be left as a loss-making business and probably renationalised
That’s what I mean. There is already a group holding company called Royal Mail Group.
They are just renaming it for no good reason.
What I’m interested to know is if Royal Mail is in a bit of a “Basket Case” style position at the moment, why is the SP rising slightly.
I know people buy the dip, me included.
There’s far too much risk at the moment.
I hold a small number and am not going to sell, but not going to buy until the companies position stabilises or shows signs of stabilising.
Strike dates announced. Still awaiting second ballot results over change.
Surely anyone sending mail/ parcels will just use a different delivery service. Royal Mail workers shooting themselves in the foot. Amazon hardly uses them anymore, most other online retailers use PDP etc, as someone said above it will get renationalised… Why would the government want it back? Time to give it a dignified death.
What would happen if people used DHL, FedEx and UPS and Amazon instead over the strike period?
For parcels it makes sens but it might not make much sense for letters.
To be fair, letters would probably suffer, bur all that come through my letter box are bills and junk mail, bills are going online etc, no bank statements anymore. Whats left? Birthday and Christmas cards? No profit in that. Unfortunately a postal service is a declining service in a digital world, its not even as though its fast any more. First class may get there next day, my post doesn’t arrive until after 12 noon, posties used to be going home around then when I was a kid. If the unions push this thinking the railways have gotten away with it, then Royal Mail may just collapse.
The only letters I ever need are simply bank cards. I can’t remember the last letter I needed other than them.
My point exactly, the Royal Mail haa delusions of importance.
I think a lot of these people demanding 15% pay rises etc should be careful what they ask for. The sums involved will only speed up companies investment in AI and automation. That’s not to say people shouldn’t get more etc but some of the demands are crazy and will just increase inflation and costs of services then ending back at square 1.
If unions really cared they would demand tax starts at a higher rate or something which would be a good solution for take home pay and get it linked to inflation or something.
There is not an easy answer but pay rises for everyone will just move the cost of living up.
Never been in a union, grew up in the 70s and 80s,saw the destruction that they caused to the UK and the aftermath of the miners strike in the village I lives in near York in the 90s, some damilies still didn’t speak to others over who went back to work and who didn’t. Scargill never went hungry, but I know for a fact, many of his miners did, and were struggling to survive. Problem now will be all unions jumping on the bandwagon. If the Rail unions keep striking, peoe will stop using thw railways… Besides with many more people working from home now, there soon won’t be a high deman din the week for tickets. Like the coal industry, the union will kill the jobs
That’s what I think of the £15/hour thing. Yes I get people want to be paid fairly. But £15 hour is jus too much.
Also like you say, businesses will invest in automation more and more should £15 national minimum wage for unskilled workers comes to fruition.
I liken it to the way Tesco is investing in self checkout machines quite aggressively. Ok it’s not only Tesco, they are all doing it, to some degree. But Tesco is the one in the spotlight.
Then you have ticket machines at railway stations.
If unskilled workers ask for unreasonable demands like £15/ hour many jobs will go by the wayside, as you don’t have to pay a machine, nor give holiday pay or sick pay.