Deutsche Post to hand over running of 200 branches to partner agencies in 2007
Deutsche Post AG is to hand over the running of 200 branches in Germany in 2007 to partner agencies, a company spokesman said.
The partner organisations have not yet been identified, he added.
‘We hope that these cost-effective measures will lead to higher revenues’, he said.
The moves, however, are not expected to have a major impact on the company’s balance sheet, said the spokesman.
He added that the company is not yet in a position to adjust its outlook for 2007.
Deutsche Post employees will not lose their jobs as part of the plans: They will either be transferred to partner branches or to other company departments, said the spokesman.
Areas that will be most heavily hit by Deutsche Post’s plans include Hamburg, Dortmund and Wuppertal, the spokesman said.
