POSTAL workers fear for their long term futures after the Government confirmed it was to privatise the Royal Mail.
Workers from the Deeside Delivery Office in Queensferry said they were concerned for their long term employment prospects after the Government confirmed it would float Royal Mail shares on the Stock Exchange in the coming weeks.
Matt Kelly, who works at the office, said there have already been discussions about the future of staff.
“We’ve been offered a plan for three years but there’s no long term plan,” he said.
“They’ve been trying to say we’ll get shares out of this but we’re not bothered about that.”
Dave Smith, also spoke to the Leader as he left the office on Thursday.
“I’ve got no preference either way – the job itself won’t change – it’s changed so much already in the last five years,” he said.
“I’m more concerned about my job security, it might be hard to stay.”
Another worker, who did not want to be named, said they didn’t care what happened as long as they continued to be paid.
Another said: “Until it all goes through, I don’t really know what will happen to us.”
Yesterday morning the Government gave formal notice to the Stock Exchange that it plans to privatise the Royal Mail.
The sale is expected to go through in November.
10 per cent of the shares will be given to 150,000 employees with the rest being offered to institutional investors and members of the public.
In a statement Royal Mail chief executive officer Moya Greene said: “It is now time for Royal Mail and the CWU to come to a new agreement for our people going forward.”
The Communication Workers Union (CWU) opposes the float and is to ballot its members for strike action over pay. The outcome of the ballot will be announced on October 3.
Mrs Greene added: “Talk of a ballot for industrial action makes no sense when there is a significant three-year deal on the table and negotiations are ongoing.
“I understand our people's concern they should have protections in place as Royal Mail is privatised, which is why we have proposed a ground-breaking three-year, legally-binding agreement including a highly competitive pay offer of 8.6 per cent.”
Colin Caffery, branch secretary of the North Wales and Marches branch of the CWU, said yesterday: “There is no need for privatisation to take place at all.
“I fear it will lead to a reduction in services and quality of provision as well as job losses for members of staff. We will continue to lobby against the proposals.”