Hundreds of posties will lose their jobs when mail delivery days are slashed next month, but just one compulsory redundancy is expected, New Zealand Post chairman Sir Michael Cullen says.
Sir Michael is proud of how staff cuts are being handled ahead of the delivery reduction.
However, the Postal Workers Union says that many posties will leave unwillingly, but are on fixed-term contracts and ineligible for redundancy.
About 300 posties are expected to be out of the job next month, followed by another 100 in the next couple of years.
Sir Michael said he accepts some posties are feeling upset and under-valued.