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| | Guardian | Parcelforce jobs first to feel Consignia axe |
 | | Consignia, which is losing £1.5m a day, is also expected to announce the official separation of its business into three parts, Royal Mail, Parcelforce and its network of post offices, and warn that further job losses are in the pipeline. |
 | | Parcelforce, which employs 12,000 people, lost about £200m last year and just under half the job losses to be announced today are expected to fall there. |
 | | Consignia will also unveil a restructuring of Parcelforce's business which is expected to lead to the closure of several depots. |
| www.guardian.co.uk /print/0,3858,4380846-110461,00.html (497 words) |
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