Deutsche Post cutting 9,500 jobs as it shuts down DHL express service in U.S.

Deutsche Post (DPWGn.DE: Quote, Profile, Research, Stock Buzz) will spend more than planned and cut an additional 9,500 jobs to turn around its U.S. express business, which has been hit by the global economic crisis and hurt third-quarter earnings.

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- Posted: 2008-11-10 08:09:27

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