Deutsche Post jobs at risk, says Union
Deutsche Post’s planned move to start using new machines that sort mail automatically could cost up to 6,000 part-time jobs in Germany, trade union Verdi told Euro am Sonntag newspaper.
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Deutsche Post to invest $420m in mail operations
Deutsche Post announced on 23 March that it would invest €420m ($575m) by 2012 in 385 new mail sorting machines.
Read MoreFAZ: Deutsche Post ex-CEO probably got $26m pension
Deutsche Post probably paid about €20m ($26m) in pension claims to former CEO Klaus Zumwinkel, Frankfurter Allgemeine Zeitung reported, citing its analysis of the company’s 2008 annual report.
Read MoreLabour revolt could delay Royal Mail sell-off
The government could delay plans to sell a stake in Royal Mail amid fears that private bidders might not offer enough cash, The Sunday Telegraph has learned.
Read MoreDeutsche Post strike T-Systems deal
Deutsche Post has sold four of its 11 data centres to T-Systems including 250 employees as part of its restructuring of the IT division, according to German magazine Manager-magazin.
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