LCEA ALUMNI - Bye Bye DHL USA

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LCEA Alumni are graduates of the Lansdown Centre for Electronic Arts, a post graduate research centre at Middlesex University in the UK.

Many alumni have set up their own new media businesses and consultancies. Other alumni careers include graphic design, interactive media design, new media research, game design, web site development and design, animation, teaching, film making, audio design, journalism and various management roles.

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Bye Bye DHL USA

Written by Edina Nasseri

Tuesday, 11 November 2008

Soon, the USA will have to depend solely on FedEx, UPS or the US Postal Service for domestic shipping services. Why? Because German shipping giant Deutsche Post will be axing about 9,500 jobs at its DHL Express operations.

Due to the global economic crisis, DHL will stop its services on January 30 next year. From February onwards, DHL has stated that their workforce will consist only about 4,000 to 5,000 people. Furthermore, after this date, the number of their branch offices would have fallen from 412 to 103, these mainly located in metropolitan areas of the USA. Analysts however, all agree that this pull out will greatly benefit DHL’s rivals. David Ross from Stifell Nicolaus & Co expects a 4% growth in volume for UPS because of this move by DHL.

The company, based in Bonn, has already had to cut 5,400 jobs in Germany itself. Add this to the $1.5 billion that would be lost due to the restructuring of DHL’s US Express business and the picture isn’t a pretty one. In spite of all this, DHL is confident that next year, losses shouldn’t exceed $900 million (GAG).

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