Deutsche Post strokes 8000 jobs: Where does the trip go?

Deutsche Post strokes 8000 jobs: Where does the trip go?

Deutsche Post is under pressure! By the end of the year, 8,000 jobs are to be reduced, which affects around 4 percent of the workforce in the letter and package business in Germany, as the Krone . Despite an increase in sales by 3 percent to 84.2 billion euros last year, the company has struggled with increasing costs. Especially in the in -house post & package division Germany, which came up with sales of around 17.3 billion euros, the operating result fell by 5.6 percent.

The difficulties of Deutsche Post are primarily due to the falling amount of letter in the digital age. While the quantities of advertising mail are very declining, the parcel elections rise. This uncertainty has prompted the company to initiate drastic cost reduction measures in order to save more than 1 billion euros. Immediately after the conclusion of a collective agreement with the Verdi union for around 170,000 employees, Deutsche Post announced that it "consistently expanded and accelerated its cost reduction measures, as the rbb24 reported.

collective agreement and wage increase

The job cuts were announced just two days after the agreement on a new collective agreement. The contract provides for a wage increase of a total of 5 percent and an additional vacation day for the employees. This agreement could avert an escalation to other warning strikes. However, it remains to be seen how the planned layoffs in combination with the ongoing cost reduction measures will influence the morals of employees and the public perception of the company.