The plan aims to reduce the company’s cost base by $1.1 billion, across its entire operation, with the full impact expected to be realized in 2027.
Deutscher Versand Service, a domestic rival to DHL Group, is calling on the German delivery company’s leadership to look into alleged anticompetitive behavior in its local postal operations.
The staff reduction followed a new contract agreed upon just two days earlier between the logistics giant and German trade ...
The U.S. Postal Service’s limited ability to operate as a pure private business makes it more difficult to turn a profit.
Germany's DHL plans to cut 8,000 jobs in Germany this year, the biggest staff reduction programme in its home market in at ...
The logistics firm blames a recent wage deal with its labour union for the jobs cuts. Read more at straitstimes.com.
Shares in DHL DHL0.61%increase; green up pointing triangle owner Deutsche Post surged Thursday after the company said it will slash around 8,000 jobs in Germany this year as part of a broader plan ...
Shares in DHL owner Deutsche Post surged Thursday after the company said it will slash around 8,000 jobs in Germany this year as part of a broader plan to cut costs and position the company for ...