The Post Office announced on Monday (12) a strategic plan to reverse in 2024 and improve the company’s cash flow in 2025. Among the main measures are the reduction of working hours, with consequent salary reduction for employees, and cuts in commissioned positions.
The expectation of the state is to save about $ 1.5 billion over 2025 with the implementation of the measurements. The plan directly affects the company’s 86,000 employees, which will be summoned to join the new rules, including a voluntary shutdown program.
“At this time, the contribution of each maid and employee, however small, is valuable. Together, we have all the conditions to overcome the challenges and build a more promising and victorious future for our team,” said the post office management in an internal statement.
In addition to the reduction of journey and salaries, the plan includes:
- Cut of at least 20% of the budget of functions, with elimination of commissioned positions;
- Temporary suspension of vacation until January 2026;
- Return to face -to -face work to teams that were in remote regime;
- Review and implementation of new health plans for employees.
The Post Office face a financial crisis aggravated by changes in the delivery market and the increase in operating costs. The company, which was once one of the most profitable in the public sector, has been registering successive losses and seeks to balance its accounts to avoid further losses.
