Job losses at Royal Mail will be mostly felt at the Group’s operational and head office managerial level.
The company said there would be: "no impact from this initiative on frontline employees, including postmen and women, or the services Royal Mail provides to its customers."
More top news
Nasa's Maven spacecraft enters into the orbit of Mars after a 10-month, 442 million-mile journey.
British actress Emma Watson called for more feminists in society and called upon men to promote gender equality in a speech at the weekend.
Twitter falls out of favour and Instagram makes ground in the 2014 CoolBrands UK survey.