International Distributions Services warns of worse-than-expected losses and thousands of job reductions.
Shares in Royal Mail owner International Distributions Services PLC (LSE:IDS) dropped 12% after it disclosed the full financial impact of industrial action at its UK parcels and letters business and t
International Distribution Services PLC said Friday that its U.K. division Royal Mail swung to an adjusted operating loss for the first half of fiscal 2023, mostly due to the effect of three days of i
Royal  Mail owner International Distribution Services PLC outlined the significant financial impact of the spate of strikes this year as it outlined plans to cut 10,000 jobs in less than a year. In a
Royal Mail could cut as many as 5,000 to 6,000 jobs by the end of August next year and warned of more layoffs if planned strikes go ahead, as the British company remains locked in a bitter dispute wit
Royal Mail workers on Thursday walked out again ahead of 18 more strike days in the next two months, with parent company International Distributions Services PLC (LSE:IDS) telling customers to anti
Leaders of the trade union representing striking postal workers in the U.K. will meet with Royal Mail bosses on Monday for crunch talks.
Royal Mail, the letters and parcels group owned by International Distributions Services PLC (LSE:IDS), is reported to have rushed forward the monthly payment into its pension scheme to help prevent a
Royal Mail, which recently changed its name to International Distributions Services PLC (LSE:IDS) (IDS), announced a large new parcel conveyor in Gatwick Mail Centre that supports its shift to a parce
Royal Mail PLC said it will prioritise Covid test kits during strikes this month as cases surge once again. Communication Workers Union (CWU) members employed by Royal Mail will be striking on the 13
Royal Mail PLC (LSE:RMG) confirmed its name has changed to International Distributions Services PLC – though on the stock exchange its name and ticker code will not be changed until Wednesday. The F
Royal Mail PLC (LSE:RMG) is facing “a number of significant challenges”, said Deutsche Bank, which slashed its target price to 144p as it reiterated its 'sell' rating. Analysts at the German bank

Royal Mail employees begin two-day strike

08:55am, Friday, 30'th Sep 2022
Royal Mail PLC (LSE:RMG) staff are set to strike today and tomorrow after a call from the Communication Workers Union (CWU). Employees who collect, sort and deliver parcels and letters will take indus
Royal Mail Group (LON: RMG) share price collapse gathered momentum this week as concerns about the company's future continued. The stock crashed by more than 3.40% on Wednesday and reached its lowest
Royal Mail PLC (LSE:RMG) workers have called a further 19 days of strike action over pay and conditions during October and November.  The strikes, which will be a mixture of single days and rolling a
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE