Deutsche Post calls on partner companies to cut costs

Deutsche Post AG is calling on its partner companies to take part in a pilot savings scheme in a bid to cut costs by up to 15 pct, reported Thomson Financial News partner dpa-AFX.

One partner firm has since announced plans to end its contract with Deutsche Post, reported dpa-AFX.

The pilot scheme, which was agreed with trade union Ver.di, affects around one tenth of Deutsche Post’s delivery areas, added the report.

‘We have spoken to the companies and shown them where money could be saved,’ reported German newspaper Die Welt am Sonntag, citing a company spokesman.

Deutsche Post hopes its partners will cut costs by either reducing wages for drivers, or by placing an increased number of packages for delivery into trucks, added Welt am Sonntag.