Rico Back
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Born | Hamburg |
| Germany | |
| Predecessor | Moya Greene |
| Residence | Zurich |
| Switzerland | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 411927 |
Rico Back Life story
Rico Back is a German businessman. He is a founding member and former CEO of German Parcel. He was also the CEO of Royal Mail from 2018 to 2020.
Royal Mail set to cut 2,000 management jobs
... Royal Mail has been faced with challenges for a number of years, and the former chief executive Rico Back from the business in may...
Royal Mail union votes in favour of strike action
... However, the CWU has claimed that the deal is under threat under recently appointed chief executive Rico Back...
Female high flyers start #MeToo-style pay campaign
... Dame Moya says she tried to increase the number of women at Royal Mail Dame Moya hit the headlines last year when her successor at Royal Mail, Rico Back, was paid £100,000 - or 17% - more in base salary than she received...
Royal Mail set to cut 2,000 management jobs
Royal Mail , the cut is about a fifth of its management jobs, as it struggles with The Effects of the coronavirus crisis.
He said the pandemic had accelerated the trend to more packages and fewer letters being sent, and that they have not adapted quickly enough that.
The Company wants to £130m savings.
Royal Mail has been faced with challenges for A Number of years, and the former chief executive Rico Back from The Business in may.
It currently has about 9,700 Manager, with 2,000 jobs expected to be cut, following a consultation process.
The Job losses hit most of managerial functions to the hardness, and half of them set to go, and, above all, to fall on the so-called "back-office" jobs, including financial, commercial and IT sector.
Frontline post office staff are not likely to be said to be affected, because The Royal needs Mail, in order to preserve "quality of service", a spokesman.
Royal Mail 's pick of middle managers - One -fifth of the close to 10 000 Total - is a warm-up for a much tougher negotiations with front-line employees.
The Company had a fractious relationship with its employees and the Communication Workers' Union for several years, and his attempts to change, terms and conditions, including pensions, have been fraught with difficulties.
Chairman Keith Williams , who as chief executive after the abrupt departure of Rico Back in The Last month, stump said about The Need for change, The Company had not adapted "quickly enough to The Changes in our marketplace and more packages and fewer letters".
could have The concise diagnosis at any time were written in The Last ten years, and it is perhaps a little surprising that after More Than a decade, organisational changes, The Company still has 10,000 people in leadership positions.
The Job cuts are still the subject of consultation. The larger battle, with the CWU, nor expected.
Royal Mail , said that the planned job cuts, the want to do it, from March 2021, would save costs of £130m on "people".
The Company did not pay a dividend to the shareholders in the year 2020, and on Thursday, that it will not pay a dividend in year 2021, either. Royal Mail shares fell nearly 7% in early trading.
In the year to March 2020, The Company made a profit before tax of £180m, down from £241m in the previous year.
The coronavirus crisis caused the loss of jobs in A Number of industries in the UK So Far .
The air travel industry was particularly hard. On Wednesday, the airport ground handling giant Swissport announced.
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coronavirus pandemic, royal mail, companies
Source of news: bbc.com
