Berlin: DHL plans in Germany to reduce 8,000 jobs in Germany this year, the largest program to reduce employees in its local market for at least two decades, responding to the sizes of fallen messages as well as what it says is a very strict organization.
The shares have risen to the highest level since February 6, 2024, on the news, which includes the provision of more than a billion euros ($ 1.1 billion) by 2027. In 1415 GMT, the shares increased by 12.3 %, which is the largest winner among German chip stocks.
CEO Tobias Mayer said that although DHL raised the prices of messages recently, it was not enough to support profits due to the borders set by the German organizers.
Verde’s Employment Union criticized the planned job cuts and urged politicians to act, and blamed the organization and increased the prices of insufficient stamps.
Planned discounts account for only 1.3 % of the global workforce in DHL, which still owns a 16.99 % stake.
