Deutsche Post to Cut 8,000 Jobs in Germany by Year-End

The company aims to streamline operations and reduce costs amid declining mail volumes and rising expenses.

The job cuts represent about 4% of Deutsche Post's 187,000 employees in its German mail and parcel division.
The layoffs are part of a broader cost-saving initiative targeting over €1 billion in reductions globally.
Deutsche Post's operating profit fell by 7.2% to €5.9 billion in 2024, despite a 3% increase in revenue to €84.2 billion.
The company has faced challenges from declining letter mail volumes, though parcel shipments have increased.
The announcement follows a new two-year labor agreement with Verdi, which includes wage increases and additional vacation days for employees.