DHL to cut 12 thousand jobs
Firm to cut DHL jobs in U.S., source says
BONN, Germany — Deutsche Post AG is poised to announce thousands of job cuts at its DHL Express operations in the United States, possibly as early as today, a person familiar with the decision told The Associated Press.
The person said on condition of anonymity Sunday that the Bonn-based express mail and logistics company was poised to announce that the cutbacks at its DHL operations in the United States would affect between 12,000 and 13,000 jobs. The person was not authorized to speak to the media.
The cuts are part of a wider plan to curtail operations in the U.S., including ground deliveries, and would likely affect drivers, shipping clerks and warehouse workers. The express unit employs some 18,000 workers.
The expected move will not signal Deutsche Post’s exit from the U.S., where it faces strident competition from UPS Inc. and FedEx Corp
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