Union bosses have warned the ‘Czech Sphinx’ might press forward with plans to chop as much as 1,000 posties if he succeeds in his bid to purchase Royal Mail.
The Communication Staff Union (CWU) is about to carry talks with the billionaire businessman Daniel Kretinsky in early June if a deal goes forward.
Kretinsky has till 5pm on Wednesday to make a agency supply for Royal Mail proprietor Worldwide Distribution Companies (IDS) or stroll away.
It comes after the IDS board stated it will again his £3.5billion supply, which sparked a right away backlash from campaigners, unions and politicians.
CWU director common for put up Martin Walsh informed the Mail: ‘We’re sceptical of Royal Mail and we’re sceptical of Kretinsky’s agency. We can be searching for commitments on jobs.’
Deadline: Daniel Kretinsky (pictured) has till 5pm on Wednesday to make a agency supply for Royal Mail proprietor IDS
It comes as Kretinsky, the billionaire co-owner of West Ham United soccer membership, has backed Royal Mail’s reform proposals, which might result in ‘fewer than 1,000’ voluntary redundancies.
These plans embody chopping second-class put up to 3 days per week, paving the best way for redundancies to save lots of round £300million a yr.
Kretinsky has stated he would shield employees’ rights and hold the Royal Mail model, in addition to its UK base and tax residence.
However he has been tight-lipped on job losses and second-class put up – suggesting cuts stay on the agenda.
Royal Mail needs to scrap second-class deliveries on Saturdays and lower them to each different weekday to save cash.
Beneath these plans, there could be as much as 9,000 fewer every day routes inside two years – leading to a whole bunch of job losses.
The proposals would require reform of the Common Service Obligation, which implies Royal Mail has to supply a six-day-a-week service for a hard and fast worth.
IDS has urged the federal government and regulators to make adjustments, saying the duty prices Royal Mail as much as £675million a yr.
Final week Royal Mail revealed it misplaced practically £1million a day final yr as Ofcom began a probe into missed postal targets.
