×

What are you searching for?




Business

4 Min read

BRITISH ROYAL MAIL REPORTS 31% FALL IN ANNUAL PROFITS; JOB CUTS

Published On 25 Jun 2020 09:08 AM


SHARE THIS ARTICLE  


Highlights

  • Restructuring plans are being made by the British Royal Mail.
  • It will change around 2,000 management roles; job cuts.
  • The company reported a 31% fall in annual profits.
  • It is also cutting down around $373 million in capital spending across the group.

It has been reported that the British Royal Mail (RMG.L) is going under loss, it saw a 31% ....


Tags : BRITAIN, ROYAL MAIL, ANNUAL SALES DROP, COMPANY RESTRUCTURING,
SHARE THIS ARTICLE  

Leave a comment 

comments (0)


Recent Posts


Biden's plan to forgive some or all student loan debt faces increasing legal opposition.
News
Biden said, "Our entire country hurts with them" in reference to those affected by the hurricane.
News
Are North Korean nuclear weapons being relocated near the border with South Korea?
News
Ballistic missile fired by North Korea enters sea off the peninsula
News
A member of the Ground SDF has issued an unusual apology for sexual harassment.
News
The Japanese lower house speaker has admitted to having ties to the Unification Church.
News
The trial for the stadium massacre in Guinea has begun, and the United Nations has expressed its support for a fair and transparent process.
News
The Special Adviser for Rwanda at the United Nations has expressed his satisfaction with the trial's opening.
News
In its most recent show of power, North Korea launched two missiles into the East Sea.
News
Victims' permission is not necessary in order to punish stalkers.
News
Harris gives speech at U.S. Navy facility in which he strongly criticizes China's recent activities
News
Two ballistic missiles were launched by North Korea the day before Harris was set to arrive in Seoul.
News
Harsh Goenka provides a fresh approach to office design that is ideal for the at-home worker
News
Uniper is now owned by the German government in an effort to guarantee the country's reliable electricity supply
News
Fraulein A. from Germany is accused of being an IS member and committing crimes against humanity
News