MAPPED: Full list of Post Office branches at risk of closing - is there one near you?
The postal service has officially stated that over 100 branches, in the United Kingdom may shut down jeopardizing thousands of jobs.
Chairman Nigel Railton revealed on Wednesday morning that the group plans to increase postmaster salaries by £250 million over a span of five years.
The Post Office announced its plan to sell off 115 branches that it owns directly from its network of 11 500 branches.
These branches might be shifted to partners or postmasters or even closed down eventually.
The Mirror has identified the Post Office branches that're in danger of shutting down.
1 000 employees work in the 115 Post Office locations that may face closure putting all these jobs in jeopardy.
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Several additional positions are at risk, at the Post Office headquarters as they aim to make back office operations more efficient.
The chairman of the Post Office Nigel Railton mentioned that the restructuring will provide a " opportunity, for postmasters " offering them a higher portion of earnings and involving them more in the business operations as they strive to overcome the Horizon IT controversy.
The proposed changes hinge upon government funding. Aim to double the average branch pay by 2030 while also allocating an extra £120 million, in pay within the initial year.
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