Wednesday, July 23, 2025

German postal service to chop 8,000 jobs


German postal service to cut 8,000 jobs

(FILES) An worker of German postal service Deutsche Put up rides a motorbike in Frankfurt am Essential, western Germany, on March 27, 2024. Germany’s postal service, Deutsche Put up, mentioned on March 6, 2025 it plans to axe 8,000 jobs amid a decline within the variety of letters being despatched and after its guardian firm reported falling income. The cuts can be made this yr “in a socially accountable method”, logistics large DHL, which owns the postal service, mentioned in an announcement. (Picture by Kirill KUDRYAVTSEV / AFP)

Frankfurt, Germany — Germany’s postal service, Deutsche Put up, mentioned Thursday it plans to axe 8,000 jobs amid a decline within the variety of letters being despatched and after its guardian firm reported falling income.

The cuts can be made this yr “in a socially accountable method”, logistics large DHL, which owns the postal service, mentioned in an announcement.

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Final yr “the variety of conventional, document-carrying letters continued to say no,” mentioned DHL in an announcement.

READ: Danish postal service to cease delivering letters

Whereas revenues from parcels elevated, this might not “compensate for the declining mail volumes and rising prices”, significantly as a result of pay agreements struck with unions, it added.

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The job cuts are a part of a broader drive by DHL to scale back prices by one billion euros ($1.1 billion).

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Deutsche Put up has about 187,000 staff in Germany, out of a complete of some 500,000 workers who work for DHL worldwide.

DHL reported its internet revenue in 2024 fell 9.3 % to three.3 billion euros whereas revenues elevated three % to 84.2 billion euros.



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