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Royal Mail cost-cutting sparks strike action

The walk-out will hamper efforts to drive down people costs, which reached £5.6bn last year
Royal Mail cost-cutting sparks strike action

Managers at Royal Mail (RMG) will strike later this month over proposed job cuts, as trade union leaders accuse the 500-year-old postal service of “greed and profiteering”, after it brought in a major cost-cutting plan in an effort to shore up profits. 

The Unite trade union said 2,400 managers would work to rule between 15 and 19 July. This involves sticking rigidly to contract terms and not working unpaid hours. Strike action will follow between 20 and 22 July. 

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