An Post to axe up to 1,100 jobs as it aims to slash costs

An Post plans to shed the equivalent of 1,100 jobs over the next four years as it looks to cut costs.

It has also called for an increase in postal rates and has warned of too much competition in the Irish market.

There has been an estimated 30% fall in the volume of mail being delivered in the past five years, and An Post has said its cost-cutting plans are imperative “in order to ensure the financial viability of the universal service” over the coming years.