TNT UK is restructuring its operations and sales divisions in a management shake-up that will see up to 15 redundancies.
The company said it is reviewing management roles and introducing new positions that are more suitable to the way it currently operates.
A spokeswoman said there will be no change in the number of vehicle movements or sites it operates from and only those in management positions will be affected.
“It is with regret that there will not be roles for all affected. TNT Express is supporting its employees throughout this change to find alternative positions in line with its legal obligations.
“Standing still is not an option for organisations in any climate, over the years TNT Express UK has optimised its network and introduced new ways of working.”
Parent company TNT Express’ Q2 results this week revealed a 21% drop in operating profit in its Europe main division (UK and Ireland, Benelux, France, Germany and Italy), down to €48m (£41.5m) from €61m (£52.8m) in the same period last year, despite volume growth and “good” cost control.
It also saw a 2% dip in adjusted turnover in the division, down to €829m from €847m in Q2 2012. It said this was due to a “difficult market environment”.
Part of the parent company’s profit improvement plans, which were revealed earlier this year, involve reorganising its management structure so that regional units will report directly to chief executive Tex Gunning.
TNT UK MD Alastair Cochrane was unavailable for comment.
