Never mind . Royal Mail's boss has been rewarded for his efficiency ...at least according to Royal Mail bosses .
Chief executive Adam Crozier earned more than £3m last year.
Mr Crozier got just over £1m in pay and pensions, plus a bonus of almost £2m.
Royal Mail said Mr Crozier had exceeded expectations and met all the targets set for him.
Losses for 2007 had widened to £279m, compared with a loss of £10m a year earlier.Its stamped letters business made a loss for the first time in the last financial year.
2,500 post offices were being closed to save money