The disruption of the postal industry and the digitalization of society have had a significant impact on Posti’s operations. The coronavirus pandemic has accelerated the problems.
Posti Group Oyj aims to cut jobs from about 130 people to save costs and manage losses. “We must respond to the changing needs of our customers and renew our operations much faster than today,” Turkka Kuusisto, president and CEO of Posti Group, said in a statement released Tuesday. “This is why we are planning to change our operating model, aiming to accelerate the renewal of our business operations and to improve operational efficiency. Unfortunately, this change will have impacts on personnel.”
The disruption of the postal industry and the digitalization of society, according to Posti Group, have had a significant impact on its operations and the coronavirus pandemic has further accelerated this transformation.
Posti Group noted that in the second quarter, the number of addressed letters decreased “by a record-breaking 24 percent in Finland.” “At the same time, parcel volumes increased significantly and competition in the industry has intensified. Posti must be able to respond to the rapidly changing needs of its customers in a more agile manner and to renew in a situation where part of its business has changed permanently,” Posti Group noted.
The job reduction negotiations concern mainly expert and supervisory positions in Finland and will begin on September 15, 2020. The process will last for at least six weeks unless the parties concerned come to an agreement earlier.