DHL, the international courier owned by Germany’s Deutsche Post World Net, is discontinuing its U.S. air and ground service, resulting in an additional 9,500 job cuts.
“This is the right move for our U.S. Express operations given the current economic climate and for the long run,” said John Mullen, Global CEO of DHL Express in a press release Monday. “Focusing our U.S. Express efforts on what we do better than anyone else–– international shipping — serves the best interests of our customers, employees and shareholders around the world.”
DHL plans to close its U.S. ground hubs and cut the number of stations from 412 to 103 at the end of January, resulting in the thousands of job losses. The job cuts come on top of the roughly 5,400 it has already cut since the start of the year.
Source: Fox Business