The scandal has been branded Britain’s largest miscarriage of justice after the company’s defective accounting software falsely indicated cash shortfalls at their branches
The Post Office has announced it’s cutting about 100 jobs in a bid to enhance compensation for several thousand subpostmasters.
Senior managers received the news on Wednesday after acting chief executive Neil Brocklehurst relayed a memo to all personnel. He explained: “The intention behind these proposed changes remains to create a more efficient team that can effectively deliver a sustainable future for the network, for postmasters and their communities. “
Mr Brocklehurst also noted: “The intention is to rebase our costs to help fund the upcoming transformative change which aims to leave the Post Office on a more sustainable financial footing. It is critical that we continue to make progress in resetting Post Office for the future.”
These proposed redundancies are the latest phase in a revamp blueprint laid out by chairman Nigel Railton last November. Mr Railton committed to bumping up subpostmaster remuneration by £250m across the next five years.
The Post Office had earlier disclosed plans to divest itself of 115 directly-owned branches within its network of 11,500 locations, which could result in transfer to retail partners or postmasters, or even closures. Meanwhile, a public inquiry persists into the notorious Horizon IT scandal, wherein numerous subpostmasters were erroneously prosecuted for theft.
The scandal has been branded Britain’s largest miscarriage of justice after the company’s defective accounting software falsely indicated cash shortfalls at their branches.
