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
One of Uber's self-driving vehicles has struck and killed a pedestrian, in what is the first fatality of its kind.
Cloudier in the east with isolated showers - wintry in places. Risk of ice!
Mums of children with Downs syndrome have made a Carpool Karaoke-style video to show they “wouldn’t change a thing” about their kids.