TNT Post survey: forfeiting working conditions negotiable
During the past two years intensive talks have been held with all stakeholders on how to achieve the necessary cost savings to ensure TNT Post remains a healthy company. As well as introducing a range of efficiency measures, discussions have also focused on forfeiting pay and benefits and accelerated restructuring leading to the loss of 11,000 jobs over the next three years.
The survey results give the company and Works Council a good insight into the views of the operations staff. The method used to process the information has been examined by a notary. The survey has produced many suggestions and comments on the willingness of staff to surrender working conditions in return for job retention. This additional information will now be examined in more detail and will be taken into account when deciding on the next steps to be taken.
About TNT Express GmbH
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximise its network performance. TNT serves more than 200 countries and employs more than 163,000 people. Over 2008, TNT reported €11.1 billion in revenues and an operating income of €982 million. TNT is officially quoted on the Amsterdam Stock Exchange. TNT recognises its social responsibility and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised; in 2008 TNT again reached the highest score of all companies included in the Dow Jones Sustainability Index and in the Carbon Disclosure Project in the carbon intensive sector. More information about TNT can be found on its website http://group.tnt.com .