German Post Plans to Cut 8,000 Jobs

The German postal company “Deutsche Post” has announced plans to cut 8,000 jobs by the end of this year as part of a strategy to reduce costs and improve operational efficiency. This move will affect about 4% of the employees in the domestic mail and parcel division, which employs 187,000 people, with assurance that the layoffs will be carried out responsibly and socially.

Additionally, the cost-saving program will extend to other areas within the global logistics giant “DHL,” of which “Deutsche Post” is the German branch, employing around 600,000 people worldwide.

In a related development, “Deutsche Post” and the “Verdi” union reached a collective bargaining agreement that includes a 5% wage increase and an additional day of vacation for employees. This agreement will be valid for 24 months and is expected to contribute to improving working conditions and motivating performance.

Sources:

• German Postal Company Plans to Cut 8,000 Jobs
• Deutsche Post to Lay off 8,000 Employees – Sky News Arabia
• Verdi and Deutsche Post Agree on 5% Increase and Extra Day Off