The Irish Post plans in 2016 to cut 1300 jobs

Because mail business volume continued to decline, the company in 2012 operating loss of 17500000 euros. The Irish Post recently said that by the end of 2016, plans to cut 1300 jobs, while adjusting the mail service charges, and restructure the pension plan.
This is the company posted a loss for the first time since 2003. In 2011, the company profit 2200000 euros, but due to the economic downturn and mail traffic structural decline in traditional mail volume decreased by 5.2%, which fully reflects the development of electronic alternatives. In addition, regulators ComReg on Irish postal improve tariff standard letter business has not yet been approved.
The Irish post 2012 revenue of 807300000 euros, higher than the same period last year 806700000 euros. This is thanks in part to its branch company revenue growth in 2011, the company income of 80000000 euros to 111000000 euros, growth in 2012, including One Direct, The Gift Voucher Shop are showing a strong growth trend. In addition, increased investment and diversification strategy, also promote the growth of business.
The Irish postal since 2009 January, has laid off 1284 employees, including 349 2012 layoffs full-time employees. The measures to promote the reduction in labor costs 53400000 euros. By the end of 2016, the number of layoffs is almost half of all 2600 full-time workers. The Irish postal service said in a statement, in stages to achieve this goal is still a key problem management. With the budget growth and expansion, the number of employees will have a certain growth. Since 2009 since January, staff cuts to save 100000000 euros for the company.
MYEX min Asia International Express
2013-05-30