Royal Mail says strikes have cost it £ 200m

[TrueBlueTerrier]

https://www.bbc.co.uk/news/business-64410443

The owner of Royal Mail says the recent wave of strikes at the postal firm have cost it £200m so far.

The dispute with workers in the Communication Workers Union has led to 18 days of walkouts since August.

Royal Mail owner International Distributions Services said the letter and parcels business had lost £295m in the nine months to the end of December.

The firm also said it had been hit by a continued fall in the number of letters being sent and "weaker retail trends".

[Alfiep]

So just a third of the sun they have paid to shareholders?!
Heartbreaking!

[portadown]

Don't see anything about mismanagement off the company all about workers and strikes to blame

[stonecold_jpm]

Can guarantee with this mob they won’t have took into account all the money saved from staff wages for 18 strike days, so that’ll be another lie.

[scoobydo79]

Simon Thompson cost them 200 million.

[twoloops]

Well lads & lasses give yourself a big pat on the back Vote Yes

[britwrit]

Funny about how they don't talk about their screw-up with the international post or how much that's going to cost.

[Mick100]

So in our office they take all our big parcels,made our rounds so long they can’t be finished,then flood the place with agency workers in the afternoon to do the parcels and clear up the cut offs good business plan. …not

[norris9]

Article also states:

Royal Mail is trying to revamp its business as it moves away from delivering letters - which is no longer profitable - to parcel deliveries, which is a growing market thanks to the popularity of online shopping.

Makes it sound like Royal Mail are literally abandoning letters full stop. 100% parcel business soon. 0% letters.

[Numberone63]

Royal Mail strikes have saved £150,000,000 ish in wages

[simon goodman]

I thought a decent pay rise would cost the company £140 million. If they had an agreement we would have all been quids-in. Ffs

[Binsey]

It’s about breaking the Union and it’s members once and for all.

[Elvisted]

If Thompson and Williams wanna break the union then we will break the company.
Seems even now they don't want a deal

[roadrunner bill]

ill take a million.... then off to a island of unknown location........

everyone out for themselfs now........ escape while you can...

[roadrunner bill]

ill take a million.... then off to a island of unknown location........

everyone out for themselfs now........ escape while you can...