The staff reduction followed a new contract agreed upon just two days earlier between the logistics giant and German trade ...

The Geodis announcement comes amid a series of major layoffs across North America, affecting companies tied to the ...

Most major stock indexes across the globe ended lower on a weekly basis, as pressure from tech stocks, labor-market weakness, ...

The Deutsche Post DHL Group and Verdi union leadership have agreed cuts in real wages for 170,000 workers, and the ...

The German logistics company announced a cost-saving plan after a "challenging" year in 2024. However, investors applauded ...

Germany's DHL plans to cut 8,000 jobs in Germany this year, the biggest staff reduction programme in its home market in at ...

Shares surged after the company said it would cut around 8,000 jobs in Germany this year as part of a broader plan to cut ...

Shares in U.S. listed parcel carriers FedEx (FDX) and United Parcel Service (UPS) failed to deliver today after logistic ...

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 longer ...

DHL unveiled plans on Thursday to cut about 8,000 jobs in Germany this year as part of a strategy to save more than 1 billion euros ($1.08 billion) by 2027, after the logistics group reported a 7% ...

Some 8,000 of the 187,000 people working for Germany's mail service Deutsche Post as letter and package carriers will see their jobs cut this year, the company said on Thursday. Deutsche Post said the ...

Seven & i Holdings named director Stephen Dacus as the new chief executive and said it aims to list its North American convenience-store unit by the end of 2026. Iron-ore giant Rio Tinto will invest ...