The Post Office has announced they are looking to close 115 branches putting 1,000 jobs at risk in a major overhaul.
Hundreds of jobs are also at risk as the Post Office is looking to trim their headquarters back-office operations.
Post Office chairman Nigel Railton said they will offer a “new deal for postmasters” and will increase their share revenue providing them with a greater say in the running of the business.
Subject to government funding the average branch pay could double by 2023 with an additional pay of £120 million by the end of the first year.
Railton said, “The Post Office has a 360-year history of public service and today we want to secure that service for the future by learning from past mistakes and moving forward for the benefit of all postmasters.
“We can, and will, restore pride in working for a business with a legacy of service, rather than one of scandal.”
Communication Workers Union (CWU) general secretary Dave Ward said, “For the company to announce the closure of hundreds of Post Offices hot on the heels of the Horizon scandal is as tone deaf as it is immoral.
“CWU members are victims of the Horizon scandal – and for them to now fear for their jobs ahead of Christmas is yet another cruel attack.”
A spokesperson for the Department for Business and Trade said, “Post Offices are an integral part of the communities they serve and the services they provide for local people.
“The Government is in active discussion with Nigel Railton on his plans to put postmasters at the centre of the organisation and strengthen the Post Office network for its long-term future.”
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