The Japan Post Holdings Co. group has revoked the insurance-selling certificates of 75 post office workers for their improper sales of Japan Post Insurance Co. products, while reprimanding two others. The insurance sellers encouraged customers to buy insurance contracts by giving them false explanations in ...
U.S. delivery drivers exposed on frontlines of COVID-19 pandemic
In the new COVID-19 economy that divides labor into essential and nonessential, truckers and parcel delivery drivers have become some of the most indispensable — and most exposed — workers as shut-in Americans rely more on online shopping. Employees at United Parcel Service Inc. and ...
Japan Post gets proposal to cut 10,000 jobs amid falling revenue
Japan Post Holdings Co. has received a proposal by a group company to cut 10,000 jobs, as the scandal-hit company seeks to offset deteriorating earnings in the financial business by slashing labor costs, a source close to the matter said Monday. Japan Post Bank Co., ...
Japan Post group to halve recruits in 2021 after insurance scandal
Japan Post Holdings Co. plans to hire 2,055 new graduates in April 2021, less than half of some 4,300 slated to start working for the postal service group next month. The plan, announced Thursday, falls in line with the group's moves to review its marketing ...
Over 1,400 Japan Post workers improperly sold insurance products, probe finds
The Japan Post Holdings Co. group said Thursday it had confirmed Japan Post Insurance Co. products were sold improperly by 1,447 post office workers. An in-house investigation conducted through Feb. 19 also found sales clerks committed a total of 1,761 violations of the law or ...
COVID-19 flight suspensions slowing mail delivery to China, U.N. says
The U.N. postal agency on Wednesday said flight suspensions linked to the COVID-19 outbreak have disrupted delivery services to China, with at least eight countries holding letters and parcels. "The spread of the novel coronavirus has led to the suspension of airline flights and is ...
Japan Post to probe more insurance contracts as sales scandal grows
Japan Post Holdings Co. says it will look into 220,000 more insurance contracts — signed by around 60,000 customers — that are suspected of being part of a widening scandal involving improper sales. In an announcement Friday, the former state-owned postal group also said that ...
Japan Post Insurance misconduct may have hit 60,000 more customers
Improper sales practices for Japan Post Insurance Co. products may have disadvantaged 60,000 more customers than previously known, sources have said. In August, the Japan Post Holdings Co. group started to investigate 183,000 Kampo-brand insurance contracts involving 156,000 customers who had possibly been affected by ...
Japanese postman failed to deliver — 24,000 times, police say
A 61-year-old postman failed to deliver thousands of postal items that he kept at his home instead, police said Thursday. About 24,000 undelivered items were found in the man's home in Sagamihara, Kanagawa Prefecture, said the police, who sent his case to prosecutors. "It was too ...
New Japan Post chief vows to probe leak from ministry on insurance scandal
Hiroya Masuda, the new president at Japan Post Holdings Co., vowed Thursday to investigate a leak to the group of information about administrative punishments that were under consideration in relation to its improper sales of insurance products. "We're preparing to open investigations," Masuda said at ...
Execs quit as Japan Post units ordered to halt insurance sales for three months
Japan Post Holdings CEO Masatsugu Nagato, Japan Post Insurance President Mitsuhiko Uehira and Japan Post President Kunio Yokoyama are all resigning over the scandal.
Former minister Hiroya Masuda to lead Japan Post after insurance scandal
Hiroya Masuda, a former minister of internal affairs and communications, will replace Masatsugu Nagato as president of Japan Post Holdings Co., effective early next year, a source familiar with the plan said Thursday. Nagato, head of the former state-owned postal services group, Japan Post Insurance ...
