Deutsche Post

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Postal And Courier Activities
53 - Postal and courier activities
800 - 1,000 jobs
Number of planned job losses
Job loss
Announcement Date
15 May 2007
Employment effect (start)
Foreseen end date

Description

Deutsche Post is planning to cut between 800 and 1,000 jobs at its mail operations after merging its parcel business with the mail division. The job cuts will affect those in the personnel division, controlling and IT, the source added. The company said that there will be no direct dismissals but that the reductions would be achieved by -among other measures - redeploying affected employees elsewhere within the group. Overall sales of the parcel/mail division increased by 2.9% in the first quarter of 2007 amounting to 3.93 billion Euro, according to a company press release.

Sources

  • 15 May 2007: Handelsblatt
  • 15 May 2007: Deutsche Post World Net Press release

Citation

Eurofound (2007), Deutsche Post, Internal restructuring in Germany, factsheet number 65367, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65367.