Australia Post plans to lay off 900 people

Comprehensive June 8th Australian local media reports, the Australian postal (Australia Post) recently announced plans to layoff 900 people, most employees from Melbourne operations office. Reports say, is expected on Tuesday (June 10th) announced the decision to employees.
Report points out, the Australian postal by traditional mail falling demand continued to suffer from loss of influence has been reviewing its business model. Research shows that, if the current path of development, to 2022-2023 year, the post office will be accumulated losses of $7100000000. The Audit Committee (Commission of Audit) recently recommended that the postal privatization, but the Australian federal government has not accepted.
Australia Post also want approval to change government regulations, weekly only two or three days time to distribute the standard mail the mechanism allows. Last year appeared a $218000000 loss at home mail. The agency earlier this year has successfully obtained the Australian Competition and consumer committee (Australian Competition and Consumer Commission) approved, the basic postage from 60 cents up to 70 cents, to offset the loss. The price changes has been in force since March 31st of this year. The postal service also plans to increase business letters, mail redirect service and part and parcel of product cost. The Australian postal chief executive law Creole (Ahmed Fahour) said last month, mail service losses have exceeded the commercial package and retail services profit.
MYEX Minya Express International
2014-06-16