Canada Post has reduced its contract offer to striking workers and warned of job cuts, citing financial strain and the need to streamline operations, reports American Shipper.
The revised proposal removes a C$500 to $1,000 signing bonus and lifetime job security for urban employees. Downsizing will be pursued through attrition, buyouts and early retirement, with layoffs as a last resort. Union leaders will be given six months' notice before any changes.
Canadian Union of Postal Workers President Jan Simpson criticized the offer, saying it was worse than the one rejected in August and accused canada Post of wasting time.
The company is offering a 13.59 per cent wage increase over four years, while workers are demanding 19 per cent. Canada Post has lost $2.7 billion since 2018 and seen a 60 per cent drop in letter mail volumes since 2006.
Parcel market share has fallen by over 50 per cent in seven years. The firm said a smaller, more flexible workforce is essential to remain viable and self-sustaining.
SeaNews Turkey
The revised proposal removes a C$500 to $1,000 signing bonus and lifetime job security for urban employees. Downsizing will be pursued through attrition, buyouts and early retirement, with layoffs as a last resort. Union leaders will be given six months' notice before any changes.
Canadian Union of Postal Workers President Jan Simpson criticized the offer, saying it was worse than the one rejected in August and accused canada Post of wasting time.
The company is offering a 13.59 per cent wage increase over four years, while workers are demanding 19 per cent. Canada Post has lost $2.7 billion since 2018 and seen a 60 per cent drop in letter mail volumes since 2006.
Parcel market share has fallen by over 50 per cent in seven years. The firm said a smaller, more flexible workforce is essential to remain viable and self-sustaining.
SeaNews Turkey
