Post Office jobs and branches in danger in shake-up | EUROtoday

More than 100 Post Office branches and lots of of head workplace jobs are in danger as a part of a radical shake-up of the enterprise, the BBC understands.

Under the plan, 115 loss-making branches wholly owned by the Post Office may very well be closed.

The Post Office is taking a look at choices together with different franchise preparations the place one other operator or third social gathering may tackle the branches as an alternative.

These websites make use of round 1,000 employees. In addition to this, lots of of jobs are below risk on the group’s headquarters.

The Post Office’s new chairman Nigel Railton will transient employees on Wednesday on the result of a evaluate launched earlier this 12 months.

The former boss of Camelot was appointed interim chairman of the Post Office after his predecessor Henry Staunton was sacked in January.

The intention of the evaluate is to place the Post Office on a firmer monetary footing.

The troubled organisation is at present the topic of a long-running inquiry into the Horizon IT scandal, by which lots of of sub-postmasters had been wrongly prosecuted after defective software program made it seem cash was lacking from their accounts.

Railton has already instructed the Post Office inquiry {that a} new deal was wanted for sub-postmasters, to place them on the centre of the enterprise.

The strategic evaluate is designed to basically change how the Post Office operates.

The enterprise has 11,500 Post Offices throughout the UK, most of that are franchises.

Of this quantity, 115 are Crown Post Offices in metropolis centres staffed by Post Office workers.

Earlier this month Post Office minister Gareth Thomas stated the organisation was at a essential juncture and the federal government had already commissioned its personal evaluate into what the Post Office ought to appear to be sooner or later.

Business Secretary Jonathan Reynolds instructed the inquiry on Monday that he did not really feel sub-postmasters had been getting applicable pay for the quantity of enterprise they conduct.

He hinted that Post Office branches may step into filling the hole left by High Street financial institution department closures.