Deutsche Post is reducing its workforce by 8,000 positions as a cost-saving measure, despite recently agreeing to better pay for mail carriers and parcel delivery personnel. This move follows the release of their Q4 2024 financial results. Read more...

German stocks are experiencing a surge, driven by euro optimism, while Deutsche Post announces 8,000 job cuts due to declining mail volumes and rising costs. Read more...

DHL announces plans to eliminate 8,000 jobs as part of a US$1.1 billion cost-saving strategy amidst declining profits. A separate incident occurred at Continental in Hanover. Read more...