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Radio 5 Live,1 min

Why is Royal Mail cutting 1,600 jobs?

5 Live In Short

Available for over a year

5 live Money's Adam Parsons explains Royal Mail’s announcement to cut 1,600 roles as part of a drive to cut costs, mainly among its operations, head office and managerial staff. The postal delivery service says the net effect will be 1,300 job losses, as it plans to create 300 new or enhanced roles at the same time.

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