Posti reorganisation to shed 120 jobs

In an attempt to reduce its administration staff numbers by around 120, Finnish postal operator Posti is in negotiations to reorganise itself to reduce the need for redundancies. The aim is to reduce costs by around €150-€200 million in the next two years.

Letter mail volumes have fallen by 50% in the last 10 years, with households only receiving eight items per week. To add to this, there is open competition for letters and there is no state subsidy for the company.

The postal operator is looking to invest to grow in things like new services, digitisation, technical solutions and to win more e-commerce contracts.

The negotiations with the unions are looking at administrative and supervisory roles in the Postal Services business group’s production. There will be new jobs created that may well reduce the need for compulsory redundancies.

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