Royal Mail says strikes have cost it £200m

32 comments
  1. The way I interpret this is that the absence of staff for a few days has resulted in less money being made. Sure sounds to me like the staff are the ones that create that value. Because the high paid execs didn’t stop doing their job and the shareholders didn’t stop doing the nothing they do. The only thing that changed was the employees stopped. How dare they ask for a tiny percentage of that so they don’t live in poverty? /s

  2. They’ve lost enough money to have given every member of staff a payrise of almost £2,000, without making any changes.

    And that’s so far. Just give the staff a decent payrise

  3. oh no! won’t anyone think of the poor executive bonuses??

    either pay staff a living wage, or you are not a viable business.

  4. I wonder how much other businesses have lost, for example I stopped using eBay because the strikes were meaning packages were genuinely taking over a month to arrive, and I know a bunch of sellers who were constantly getting fucked over by eBay refunding orders because they hadn’t arrived, then when they arrive a few weeks later they have no way of getting the orders un-refunded.

  5. It’s ok you made 800m last year, I’m sure your not going under any time soon, I guess you could have given the strikers what they want sooner.

  6. Okay? If employees dont benefit from profits, why should they care about losses? You are already threatening their jobs.

  7. Sounds like it would have been cheaper to pay the staff. They are also paying staff overtime to try and keep up, hence paying them more than they would have had to to begin with.

  8. Imagine if those fucking morons in leadership just paid fair wages!
    Would probably be making more money right now instead of losing it.

  9. do nothing about staff wages and working conditions

    staff strike

    profits go down

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    I wonder what the issue is here

  10. Hmm if only there was a way to predict that loss potential..anyway I’m sure they made much of it back in special delivery

  11. So that’s £200m they could have invested in solving the problems the staff went on strike for? Weird.. it seems that if businesses value their employees and invest in them then they tend to work harder and not go on strike. Saving pennies to lose pounds – a problem the world over.

  12. Simon Thompson, Royal Mail CEO, was the managing director of the NHS Covid-19 app and “test and trace” so that should tell you all you need to know about the current situation.

  13. There are 158k employees in royal mail (data 2021) but rounded it up to 160k just in case.

    From that 200m they could give each employee £1250.

    I do not know what sort of increases strikers but I hope they get what they deserve

  14. RM is a joke of a company. My depot has recently upgraded to electric vans, but hasn’t yet installed enough charging stations for all of them, so we still have to have all the diesel vans parked up. There’s not enough space for both sets of vans, which means almost everyone is blocked in every single morning. Sometimes we don’t get out the depot until about 10:30am, just because we can’t move the van. That’s half our day gone, and we are still expected to deliver everything in that time. People have been suspended recently for failing to deliver everything because of this exact reason.

    We’ve tried to suggest recently that we take out only priority Mail/parcels, in order to make up for this lost time and still get all the important stuff done. But the managers insist that we take out everything still, which is why there is so much delay getting out in the mornings, we’re all waiting for everyone to fill their vans, knowing full well that there’s only time to deliver half of it, and that we will be disciplined when we inevitably bring half of it back.

    It’s ran by morons. There is absolutely no communication either between lower management and posties. We are given no explanation as to why we must follow these ridiculous rules, at our own expense. We are simply told to follow them or face suspension. Yet when we follow the rules and don’t manage to get the job done on time, it is still somehow our fault.

    They’ve even installed trackers on our scanners now to monitor how fast we walk/drive, how many toilet breaks we take, how much time we spend waiting at each door. If we aren’t rushing around full speed all day, then we are again, you guessed it… cautioned and potentially suspended.

    It’s clear to me and most other people who work there, that this is a deliberate strategy by RM. They want to make the job as unbearable as possible so that people will voluntarily leave. That way, instead of having to pay £19 an hour to someone who’s been there 30+ years, they can employ teenagers at half the cost, just like Amazon.

    Simon Thompson wants to destroy the living of the people who make his company function, so that he can sell it off to the highest bidder once he’s maximised its profitability.

    I think pretty much every Postie is on the same page at this point, that he is absolutely not going to get his way, and we are all entirely willing to go down with the ship. Our jobs are being destroyed anyway, we are all going to have to find new ones, but before we do, we’re going to make damn sure that no CEO will profit off our misfortune.

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