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Top related persons:
Simon Thompson - 2 Martin Seidenberg - 1 Seidenberg - 1 GLS - 1 Yadarisa - 1 Dhanya Ann Thoppil - 1 Janane Venkatraman - 1 Sonali Paul - 1
Top related locs:
Bengaluru Mount Pleasant London Britain
Top related orgs:
International - 2 Services - 2 IDS - 2 Royal Mail - 2 Royal - 2 Thomson - 2 GLS - 1 Deutsche Post DHL - 1

Search resuls for: "Simon Thompson"


7 mentions found


☆ Royal Mail's owner picks international parcels boss as group CEO
  + stars: | 2023-07-20 | by ( ) www.reuters.com   time to read: +2 min
July 20 (Reuters) - Royal Mail's parent group International Distributions Services (IDS) (IDSI.L) appointed Martin Seidenberg, CEO of the group's international parcels network, as its new group CEO on Thursday. Seidenberg will be tasked with mending relationships with labour union CWU and driving the group and the loss-making UK business back to profitability. He will be appointing CEOs for the two units - its UK business Royal Mail and GLS - in due course, the company said. Seidenberg said Royal Mail has "plenty of opportunity ahead" given its brand and scale. Simon Thompson, the current CEO of Royal Mail announced his resignation earlier this year after months of labour strife.
Persons: Martin Seidenberg, Seidenberg, Simon Thompson, GLS, Yadarisa, Dhanya Ann Thoppil, Janane Venkatraman, Sonali Paul Organizations: International, Services, GLS, IDS, Royal Mail, Deutsche Post DHL, Royal, Thomson Locations: Bengaluru
☆ UK workers at Royal Mail accept pay deal, ending long dispute
  + stars: | 2023-07-11 | by ( Muvija M | ) www.reuters.com   time to read: +2 min
[1/2] A Royal Mail sign is pictured on a delivery lorry at the Mount Pleasant mail centre in London, Britain, February 2, 2023. REUTERS/Peter Cziborra/File PhotoLONDON, July 11 (Reuters) - British postal workers have voted overwhelmingly in favour of a three-year pay deal with employer Royal Mail, ending a long dispute that has cost the company hundreds of millions of pounds and prompted the departure of its boss. "This has been the most challenging period in both the history of the union and the company," Communication Workers Union (CWU) General Secretary Dave Ward said in a statement on Tuesday. Simon Thompson, who took over as Royal Mail's CEO in early 2021, drew heavy criticism from the CWU over his handling of the pay dispute. Royal Mail's parent, International Distributions Services Plc (IDS) (IDSI.L), said the agreement provided Royal Mail a platform for the next phase of "stabilising the business whilst continuing to drive efficiencies and change".
Persons: Peter Cziborra, Dave Ward, Simon Thompson, Muvija, William James, Mark Potter Organizations: Mount, REUTERS, Royal Mail, Communication Workers Union, Royal, International, Services, IDS, Thomson Locations: Mount Pleasant, London, Britain
☆ UK's IDS targets return to profit after Royal Mail beats expectations
  + stars: | 2023-05-18 | by ( ) www.reuters.com   time to read: +1 min
The economic climate remains challenging, and Royal Mail faces the task of rebuilding business from the damage caused by industrial action," Chairman Keith Williams said in a statement. International Distributions Services (IDS) is targeting a group adjusted operating profit in this financial year, said the group, which is still looking for a replacement for Royal Mail CEO Simon Thompson. IDS, which includes Royal Mail UK and international operations GLS, reported a group adjusted operating loss of 71 million pounds for the year ended March 26, compared with a profit of 758 million pounds a year earlier. Analysts on average had expected a loss of 114 million pounds, according to a company-compiled consensus. Analysts on average had expected Royal Mail UK's adjusted operating loss to come in at 449 million pounds for the year.
☆ Postal workers in the UK launch Black Friday strike as industrial action sweeps the country
  + stars: | 2022-11-25 | by ( Elliot Smith | ) www.cnbc.com   time to read: +3 min
LONDON - Strikers from the CWU Trade Union attend the picket line at Peckham Royal Mail centre on November 24, 2022 in London, England. Strikes planned for the Black Friday weekend and the run-up to Christmas will go ahead after talks between Royal Mail and the Communication Workers Union ended without agreement. LONDON — Thousands of postal workers in the U.K. are on a two-day strike, disrupting Black Friday after talks between Royal Mail and the Communication Workers Union fell through. Leaders of the trade union, which represents around 115,000 striking postal workers, re-entered negotiations with Royal Mail executives early last month, with talks now having spanned seven months. In a statement, the CWU warned of "the end of Royal Mail as we know it."
☆ UK strikes: Nearly 200,000 British workers are striking on Black Friday
  + stars: | 2022-11-25 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +6 min
Postal workers are planning further strike action for November 30 and December 1, following walkouts in August and September. “Customers should expect delays to items posted just before, during or just after strike action,” Royal Mail said in a statement. Amid worker strikes, Royal Mail vehicles remain parked at the Tonbridge Delivery Office in Kent, England on November 24, 2022. Strike action will also add to losses facing companies and could prompt further job cuts. Royal Mail says it has not yet been formally notified of these dates.
☆ Australia approves national plan to safeguard Aboriginal heritage
  + stars: | 2022-11-23 | by ( ) www.reuters.com   time to read: +2 min
The government had accepted all but one recommendation out of the eight from last year's parliamentary inquiry into the destruction of the historically and culturally significant site at Juukan Gorge in Western Australia, Plibersek told parliament. The recommendation of whether the final responsibility for heritage protection should sit with the Indigenous affairs minister or the environment minister is still being assessed, Plibersek said. What's clear from this report is that our system is not working," Plibersek said, adding the destruction of the sacred sites were legal under current laws. The traditional owners said they were angry and disappointed that they had not been consulted about the government's response. "We have tasted the devastation and we know what needs to be done," it said, without elaborating.
☆ UK's Royal Mail reveals plans to cut up to 6,000 jobs by next summer
  + stars: | 2022-10-14 | by ( Elliot Smith | ) www.cnbc.com   time to read: +2 min
Royal Mail revealed plans Friday to cut up to 6,000 jobs by next summer following a summer of strikes by postal workers in the U.K."We will be starting the process of consulting on rightsizing the business in response to the impact of industrial action, delays in delivering agreed productivity improvements and lower parcel volumes," Royal Mail's parent group, recently renamed International Distributions Services , said in a release. "Based on current estimates, c.5,000-6,000 redundancies may be required by end of August 2023." The group on Friday reported a half-year adjusted operating loss of £219 million ($247.2 million), citing around £70 million of direct negative impact from three days of postal worker strikes. CNBC reported last week that leaders of the CWU (Communication Workers' Union) were in talks with Royal Mail bosses, including CEO Simon Thompson, as the company looks to avert a further 16 days of industrial action threatened by the union. It now expects to make a full-year operating loss of around £350 million, including the "direct, immediate impact of eight days of industrial action which have taken place or been notified to Royal Mail."
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