Parcel Carriers FedEx and United Parcel Lose Their Way as Rival DHL Slashes Jobs and Fails to Deliver on Profits
Shares in U.S. listed parcel carriers FedEx (FDX) and United Parcel Service (UPS) failed to deliver today after logistic ...
DHL Owner Deutsche Post to Slash 8,000 Jobs as Part of $1.1 Billion Cost-Saving Drive
Shares in DHL owner Deutsche Post surged after the company said it would cut around 8,000 jobs in Germany this year as part ...
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DHL to cut 8,000 jobs as part of US$1.1 billion cost-saving strategy
DHL unveiled plans on Thursday (Mar 6) to cut about 8,000 jobs in Germany this year as part of a strategy to save more than ...
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DHL's shares soar 10% as it announces savings plan and job cuts
The German logistics company announced a cost-saving plan after a "challenging" year in 2024. However, investors applauded ...
DHL to cut 8,000 jobs this year after annual operating profit falls 7.2%
DHL unveiled plans on Thursday to lay off about 8,000 jobs this year as part of a strategy to save more than 1 billion euros ...
DHL To Layoff 8,000 Jobs To Save €1 Billion by 2027, Anticipates A €6 Billion Profit in 2025
According to DHL’s statement, it employs approximately 602,000 people in more than 220 countries and territories across the ...