Deutsche Post has announced plans to lay off 8,000 employees from its 187,000 workforce due to rising costs, despite a 3% revenue increase to 84.2 billion euros. The chief executive emphasized that the job cuts will be implemented responsibly, through natural fluctuation, to minimize impact on employees. This decision is part of a broader cost-cutting strategy as the company navigates a challenging financial landscape, underscored by a 7.2% decline in operating profit to 5.9 billion euros.
The job cuts will happen via natural fluctuation," said Tobias Meyer, the chief executive of the DHL Group, suggesting the layoffs aim to minimize disruption for employees.
Deutsche Post, facing high costs, has announced plans to cut 8,000 jobs as part of a comprehensive cost-cutting program to stabilize its financial performance.
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