DHL cutting 600 jobs from U.S. workforce

Cutting the over-head first and keeping the Indians...Smart move (if that's what they're really doing).

Gotta retain the "Money Makers".

 

Here's some proof that most of the blood-letting is management and operations:http://www.wnewsj.com/main.asp?SectionID=49&SubSectionID=156&ArticleID=163006

DHL was getting top-heavy not that laying anyone off is a good thing but sometimes companies have too much fat and often sacrifice the money makers first. Good for DHL to realize where the money comes from and not do the business as usual routine.

 

DHL is not affiliated in any way with Old Dominion Freight Lines. I know the rumors, That is merely idle speculation by Wall ST ying-yangs . OD doesn't even use DHL for overnighting documents, they use UPS. Besides, they aren't in any shape to buy OD now.

 

Breaking News: DHL Closed Domestic Operations; Will Cut 9,500 jobs.

Read More >> http://finance.yahoo.com/news/DHL-to-cut-9500-jobs-and-apf-13516272.html