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DHL’s shares jump 10% as it announces savings plan and job cuts

News RoomBy News RoomMarch 6, 2025
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Anhelm vonicensingproduces a cost-saving plan for 2025, cutting jobs in the German logistics company DHL in thePost & Parcel division, which includes over 187,000 employees in Germany. The division, Post & parcel Germany, will reduce its workforce by approximately 8,000 in 2025 to support a broader effort to save costs across the logistics group. Addressing declining letter volumes, regulatory challenges, and increased tariffs, DHL aims to maintain its operational sustainability.

The profit margin declined slightly in 2024, with a 5.6% year-on-year decrease in earnings before interest and taxes. Despite these challenges, the company expresses debt as a result of political pressures targeting the „challenging“ year of 2024. However, critics, such as Estepec’s united movement, argue that the job cuts are justified to ensure the economic viability of the division.

Throughout 2024, DHL generated declining revenue, with a 3% year-on-year increase in the full 2024 and 6.4% in the last three months. Despite this, the company reported an operating profit of €1.85bn, driven by the success of its Express segment. Mr. Tobias Meyer emphasized that cash flow fundamentals were strong, and while the 2024 results were average, the overall challenges persist despite the year’s achievements.

Looking ahead, Meyer expressed caution regarding economic uncertainty in 2025, issuing a proposed dividend of €1.85 per share and extending the buyback program to €6bn until 2026. Beyond financial stock buybacks, DHL is uncertain about any enhanced tariffs or trade regulations affecting the group, citing potential upside or downside impacts on revenue and profitability.

This brief highlights the critical cost-saving measures DHL is implementing while navigating a slows-moving job market, balancing profitability with the need for individual employee well-being.

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