Australia Post chief executive Ahmed Fahour confirms 900 jobs will be axed

Australia Post will go the way of Kodak and the local video store without a fundamental transformation of the business, according to chief executive Ahmed Fahour, who confirmed the company would axe 900 jobs over the next 12 months.

Most of the job losses will come from Australia Post’s head office in Melbourne, with managerial, administrative and support roles most affected.

Mr Fahour also confirmed he was lobbying the federal government to relax Australia Post’s Community Services Obligation to deliver standard mail to homes five days a week.

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