Deutsche Post to Cut 8,000 German Jobs Amidst Rising Costs
Deutsche Post, facing rising costs and declining letter volumes, will cut 8,000 jobs in Germany by year's end to reduce costs by over €1 billion, despite a 3% revenue increase to €84.2 billion in 2022 and a recent wage agreement with Verdi.
Deutsche Post to Cut 8,000 German Jobs Amidst Rising Costs
Deutsche Post, facing rising costs and declining letter volumes, will cut 8,000 jobs in Germany by year's end to reduce costs by over €1 billion, despite a 3% revenue increase to €84.2 billion in 2022 and a recent wage agreement with Verdi.
Progress
48% Bias Score
Deutsche Post to Cut 8,000 German Jobs Amidst Rising Costs
Deutsche Post plans to cut 8,000 jobs in Germany by 2025, primarily affecting mail and package carriers, to address rising costs and declining profitability despite a 3% revenue increase to €84.2 billion in 2024.
Deutsche Post to Cut 8,000 German Jobs Amidst Rising Costs
Deutsche Post plans to cut 8,000 jobs in Germany by 2025, primarily affecting mail and package carriers, to address rising costs and declining profitability despite a 3% revenue increase to €84.2 billion in 2024.
Progress
48% Bias Score
Deutsche Post to Clear Mail Backlog After Strikes
Deutsche Post plans to quickly deliver backlogged mail and parcels following warning strikes affecting 10-12% of daily volume on Friday and Saturday, with roughly 7,500 employees participating on Saturday; the fourth round of negotiations between Deutsche Post and Verdi starts Monday.
Deutsche Post to Clear Mail Backlog After Strikes
Deutsche Post plans to quickly deliver backlogged mail and parcels following warning strikes affecting 10-12% of daily volume on Friday and Saturday, with roughly 7,500 employees participating on Saturday; the fourth round of negotiations between Deutsche Post and Verdi starts Monday.
Progress
44% Bias Score
Deutsche Post Strike Delays 25% of Packages, 10% of Letters
Nationwide strikes at Deutsche Post led to delays in 25% of packages and 10% of letters due to approximately 3300 employees participating in the action, stemming from a pay dispute between Verdi union demands and Deutsche Post's offer.
Deutsche Post Strike Delays 25% of Packages, 10% of Letters
Nationwide strikes at Deutsche Post led to delays in 25% of packages and 10% of letters due to approximately 3300 employees participating in the action, stemming from a pay dispute between Verdi union demands and Deutsche Post's offer.
Progress
40% Bias Score
Zoomlion Invests €100 Million in New Hungarian Factory
Zoomlion, a global construction machinery manufacturer, leased 35,000 sqm in CTPark Tatabánya, Hungary, investing €100 million for scissor and boom lift production, leveraging the park's strategic location and CTP's sustainable practices, signed on February 20th.
Zoomlion Invests €100 Million in New Hungarian Factory
Zoomlion, a global construction machinery manufacturer, leased 35,000 sqm in CTPark Tatabánya, Hungary, investing €100 million for scissor and boom lift production, leveraging the park's strategic location and CTP's sustainable practices, signed on February 20th.
Progress
4% Bias Score
€2 Billion Greek Logistics Investment Boom Driven by High Demand
Investments exceeding €2 billion are planned for over 650,000 sq m of logistics space in Athens and Thessaloniki, driven by high demand and low supply, resulting in competitive rental rates and high returns compared to other European markets, according to Geoaxis Property & Valuation Services.
€2 Billion Greek Logistics Investment Boom Driven by High Demand
Investments exceeding €2 billion are planned for over 650,000 sq m of logistics space in Athens and Thessaloniki, driven by high demand and low supply, resulting in competitive rental rates and high returns compared to other European markets, according to Geoaxis Property & Valuation Services.
Progress
40% Bias Score
Deutsche Post to Cut 8,000 Jobs in Germany
Deutsche Post is cutting 8,000 jobs in Germany by the end of the year due to high costs and declining mail volumes, despite a 3 percent revenue increase to €84.2 billion in 2022 and increased parcel volume; the cost-cutting aims to save over €1 billion.
Deutsche Post to Cut 8,000 Jobs in Germany
Deutsche Post is cutting 8,000 jobs in Germany by the end of the year due to high costs and declining mail volumes, despite a 3 percent revenue increase to €84.2 billion in 2022 and increased parcel volume; the cost-cutting aims to save over €1 billion.
Progress
40% Bias Score
Madrid Opens New Logistics Agency to Boost Regional Economy
Madrid opened a new Logistics Agency in Coslada to boost its role as an intercontinental distribution hub, leveraging existing infrastructure and aiming to reduce costs and streamline processes for businesses; Madrid's business turnover grew by 20% in 2024.
Madrid Opens New Logistics Agency to Boost Regional Economy
Madrid opened a new Logistics Agency in Coslada to boost its role as an intercontinental distribution hub, leveraging existing infrastructure and aiming to reduce costs and streamline processes for businesses; Madrid's business turnover grew by 20% in 2024.
Progress
52% Bias Score
La Poste's 2024 Results: E-commerce Growth and Profitability Challenges
In 2024, La Poste reported a €1.4 billion net profit despite a €98 million drop in Geopost's operating income due to low-margin e-commerce deliveries from platforms like Shein and Temu (22% of French parcel volume), offset by a 7% increase in life insurance sales at La Banque Postale. Overall revenu...
La Poste's 2024 Results: E-commerce Growth and Profitability Challenges
In 2024, La Poste reported a €1.4 billion net profit despite a €98 million drop in Geopost's operating income due to low-margin e-commerce deliveries from platforms like Shein and Temu (22% of French parcel volume), offset by a 7% increase in life insurance sales at La Banque Postale. Overall revenu...
Progress
40% Bias Score
Prologis's Digital Transformation Fuels Growth and Expansion
Prologis, the world's largest logistics real estate company, has grown its managed real estate from 750 million to 1.2 billion square feet and its workforce from 1,600 to 2,500 employees since 2018, driven by a digital transformation spearheaded by CTO Sineesh Keshav, which included modernizing its ...
Prologis's Digital Transformation Fuels Growth and Expansion
Prologis, the world's largest logistics real estate company, has grown its managed real estate from 750 million to 1.2 billion square feet and its workforce from 1,600 to 2,500 employees since 2018, driven by a digital transformation spearheaded by CTO Sineesh Keshav, which included modernizing its ...
Progress
52% Bias Score
Spain's Post-WWI Military Procurement: Acquisition and Challenges
In 1922, a Spanish military commission purchased surplus WWI equipment from various European countries for around 10 million pesetas, aiming to modernize the army; the subsequent six-month assembly and testing at Retamares Polygon near Madrid involved significant logistical challenges and showcased ...
Spain's Post-WWI Military Procurement: Acquisition and Challenges
In 1922, a Spanish military commission purchased surplus WWI equipment from various European countries for around 10 million pesetas, aiming to modernize the army; the subsequent six-month assembly and testing at Retamares Polygon near Madrid involved significant logistical challenges and showcased ...
Progress
24% Bias Score
Deutsche Post's Crucial Role in German Federal Election Logistics
Deutsche Post, responsible for delivering German election ballots, is employing special logistics—including Sunday delivery runs—to ensure timely delivery of mail-in ballots for the upcoming election, given the advanced election date and the substantial reliance on mail-in voting in Germany.
Deutsche Post's Crucial Role in German Federal Election Logistics
Deutsche Post, responsible for delivering German election ballots, is employing special logistics—including Sunday delivery runs—to ensure timely delivery of mail-in ballots for the upcoming election, given the advanced election date and the substantial reliance on mail-in voting in Germany.
Progress
40% Bias Score