28 August 2015
Media Release

NZ Post annual profit shows it’s time to stop cutting and start building

After another year of returning good profits, New Zealand Post has plenty of room to take a breath and begin planning for the future, says the Engineering, Printing and Manufacturing Union.

“The postal industry is changing,” says Joe Gallagher, EPMU organiser for New Zealand Post workers. “New Zealand Post is changing too. But now they’re in a strong position and it’s time to start investing properly in their workforce and their services.”

Hundreds of jobs have been lost at New Zealand Post in recent years as the company responded to declining mail volumes and government demand for increased dividends.

“We don’t want to see any more jobs go, and we don’t know where there’s any more room to cut,” says Joe Gallagher. “The strategy for New Zealand Post’s future can’t be more cuts.

“There are big opportunities in the parcels and logistics business, and we want Post to sit down with its workers and the union and refine our engagement around productivity.

“We’ve done it before with companies like Air New Zealand, which has just enjoyed its own record profit off the back of a lot of work around building a high performance organisation.

“Let’s do the same thing at Post.

“It’s a vital public organisation and it has the opportunity to provide a great postal service and meaningful, permanent work for its employees. Let’s work together to make that happen.”

The EPMU covers workers at New Zealand Post and Kiwibank.

ENDS

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