Austria: postal employees are suffering from the war on prices

Whereas the Österreichische Post AG's management is having trouble negotiating the suppression of 1.500 mailmen's jobs, the announcement of one of its largest customers leaving can mean that additional job cuts might be considered. (Ref. 070705)
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As for Germany, the Austrian post office (Post AG) is subject to the growing competition of private postal services. On August 28, the Austrian media revealed that Quelle, one of the German heavyweights regarding mail order, was about to have all of its parcels delivered by the private distributor Hermès (a subsidiary of the German group VPC Otto). Quelle did not contradict this information. As for the post office, they are still hoping that they will be able to save the day by lowering their p

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