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Consignia
Does Consignia run the post offices and the postal service, and why is cutting its staff so drastically?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Consignia is the new umbrella name for the Post Office, Royal Mail and Parcelforce. It has just confirmed that it was making 30,000 staff redundant.
It is cutting jobs to save �1.2bn because it had a �281m loss in the first six months of this year, compared with a �113m loss the year before.
The increased losses were blamed economic uncertainty and the costs and delays caused by rail disruption.