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Entries in digging (1)

Monday
Nov102008

Comfirmed: DHL to Lays off 10,000 workers!!

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According to The Press-Enterprise has announced all 18 U.S. Hubs will close and that means 10,000 workers will be out of a job.  They will keep 3,000 for international business.   I wanted to tell everyone about this as soon as I found out.

There is a rumor that DHL might layoff some of it's employees. About 8,000 Jobs will be announced to tomorrow when they release the earnings report. Now I know very little about this parent company but they have 475,100 employees and that would mean 1.6% of the people would be laid off!!

According to Business Week there Volume have been going down this year.
(CNN) -- A southern Ohio community is bracing for possible layoffs as DHL Express -- the largest employer in the area -- planned to announce its quarterly earnings report and restructuring details. [Via CNN]

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From what I can tell this will affect the Eastern part of the US. I've done a little digging for everyone to see just why they would want to layoff so many people. They have to reduce there spending because there Volume isn't as it should. This will also effect delivery of packages, and might end up slowing the delivery of Christmas packages.  So pack those presents early and ship them off early, to make sure they get delivered before Christmas!!  To see other layoffs this year just click this LINK.  It will show you all of the layoffs that have/are/or might happen in the near future.