Reposted by Stevie D
Failures of privatisation.
Royal Mail to cut up to 2,500 jobs
Foreign-owned RM doesn't meet letter delivery targets even after regulator lowered them.
Postage: 1st class, £1.80, 2nd class 91p.
When privatized in 2013: 1st class 60p; 2nd class 50p.
Poor service at triple price. Customers fleeced.
bbc.co.uk
Royal Mail plans to cut 2,500 head office jobs
The postal service firm wants to cut the head office and other jobs by the end of 2027.