The Brazilian Post and Telegraph Company, Correios, decided to postpone until July 31, 2026 the implementation of measures in its restructuring plan, such as the closure of branches and changes in attendant remuneration. The suspension was communicated this Tuesday (7) in a letter sent to the National Federation of Workers in Postal, Telegraph and Similar Companies (FENTECT) after unionists contested the impacts of the changes. In the document, the state-owned company proposes the creation of a negotiation table to discuss the suspended points until the end of the month (see details below). ? Correios is facing an economic-financial crisis, which began in mid-2022. The company recorded a loss of R$3.1 billion in the first quarter of 2026, according to a balance sheet released by the state-owned company in June. ?To stop the gap and seek fiscal rebalancing — with the internal goal of returning to operating in the black —, the state-owned company's board of directors drew up a restructuring plan focused on three fronts: cutting personnel and administration expenses, asset optimization and renegotiation and fundraising.
Correios postpones branch closures and changes to bonuses until July 31
The Brazilian Post and Telegraph Company, Correios, decided to postpone until July 31, 2026 the implementation of measures in its restructuring plan, such as the closure of branches and changes in attendant...
The temporary suspension comes after a meeting held on July 6, in which topics such as the closure of activities in units, the implementation of a new distribution system and the review of bonuses were discussed. Correios Headquarters in Palmas, Tocantins Djavan Barbosa/TV Anhanguera Measures suspended until July 31st According to the company's official document, the following actions are suspended until the end of the month: Closing of units: the suspension applies to agencies included in the restructuring plan, with the exception of those that have already been closed or are in an advanced phase of deactivation. Gratuities: the withdrawal of the Additional Window Service (AAG) and the "Cash Break" amount is interrupted. Sizing System (SDD): the implementation of the new workload distribution model will also be paused for reevaluation. Negotiation Table Correios proposed the installation of a negotiation table scheduled to start this week. The group will have the participation of representatives from the company, workers' federations and the General Secretariat of the Presidency of the Republic, which will act in mediating the dialogue.
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