US EditionPost Office to offload all directly-owned branches
- The Post Office plans to hand over 108 directly owned crown branches to franchisees by the autumn.
- This action is part of the Post Office's effort to generate cash and increase postmaster pay.
- The move could result in sites being taken over or facing closure as franchises relocate.
- Nigel Railton, Post Office chairman, stated franchising protects services and realizes £40 million in savings.
- The Post Office expects savings to uplift postmaster remuneration by up to 10 percent by 2030.
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PostNL CEO 13 years on the rollercoaster at the top: 'We provide a government service that no one is waiting for anymore'
The number of delivery days for mail at PostNL may be further reduced in the future, but the mailman will remain. That is according to CEO Herna Verhagen, who is leaving the company after 13 years at the top in a period with much uncertainty about the future and a stock price that is lower than the value of a postage stamp.
·Amsterdam, Netherlands
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Total News Sources106
Leaning Left9Leaning Right1Center58Last UpdatedBias Distribution85% Center
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- 85% of the sources are Center
85% Center
13%
C 85%
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