Govt Open to Selling Pakistan Post, Firing Staff
Pakistan Post may fire employees as the government considers workforce reductions to cut the department’s annual losses, which could reach … Read More The post Govt Open to Selling Pakistan Post, Firing Staff appeared first on ProPakistani .
The Pakistani government is open to selling Pakistan Post and reducing its workforce in an effort to curb the department's annual losses, which could reach Rs. 19 billion after accounting for pension expenses, according to Federal Minister for Communications Abdul Aleem Khan. The department employs approximately 22,000 individuals, with an additional 15,051 on the provincial payroll.
Employee-related costs are among the key contributors to the department's operating expenses. The government is currently exploring various options to reduce these financial burdens and is preparing a comprehensive restructuring policy, which will be presented to the Senate. While privatization is also under consideration, workforce reductions are seen as one of the measures to control spending and bring the department's losses under control.
The restructuring plan will outline how the government intends to cut costs while ensuring the continuation of postal services.
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