<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><entry xmlns='http://www.w3.org/2005/Atom' xmlns:georss='http://www.georss.org/georss' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-91921071230884272.post-2400693719706651753</id><published>2008-11-10T18:03:00.000-08:00</published><updated>2008-11-10T18:14:55.194-08:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='DHL'/><category scheme='http://www.blogger.com/atom/ns#' term='9500 job cuts'/><category scheme='http://www.blogger.com/atom/ns#' term='employment'/><category scheme='http://www.blogger.com/atom/ns#' term='unemployment rate'/><category scheme='http://www.blogger.com/atom/ns#' term='Global delivery company'/><category scheme='http://www.blogger.com/atom/ns#' term='US-based jobs'/><title type='text'>DHL-US to cut 9500 jobs</title><content type='html'>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_YqYaSbT8xWI/SRjqkJC3bqI/AAAAAAAACGU/AnHKYQ8i6uY/s1600-h/DHL.jpg"&gt;&lt;img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 320px; height: 187px;" src="http://2.bp.blogspot.com/_YqYaSbT8xWI/SRjqkJC3bqI/AAAAAAAACGU/AnHKYQ8i6uY/s320/DHL.jpg" alt="" id="BLOGGER_PHOTO_ID_5267217670833925794" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;Global delivery company &lt;a href="http://http//www.newsday.com/services/newspaper/printedition/tuesday/business/ny-bzdhl1112161945nov11,0,6424536.story"&gt;DHL&lt;/a&gt; is forced&lt;a href="http://http//www.wwmt.com/articles/time_1355577___article.html/financial_cutting.html"&gt; to cut 9500 jobs &lt;/a&gt;within United States  but will continue to operate business to other countries. The company is dropping the US based or domestic-only jobs to minimize future uncertainties.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;p&gt;"We see [a] significant shortfall in the U.S. part of our express business due to the fact that the economy has weakened deeply," said Frank Appel, chief executive of DHL's parent company Deutsche Post World Net. "We have taken a massive action in the U.S." &lt;/p&gt;&lt;p&gt;"As you can imagine, this was not an easy decision," said Appel, speaking by webcast from corporate headquarters in Bonn, Germany. "It has a massive impact on jobs for our people."&lt;/p&gt;&lt;p&gt;&lt;a href="http://http//money.cnn.com/2008/11/10/news/companies/dhl/index.htm?postversion=2008111015"&gt;more...&lt;/a&gt;&lt;br /&gt;&lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/91921071230884272-2400693719706651753?l=www.marketsnmoney.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://www.marketsnmoney.com/feeds/2400693719706651753/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=91921071230884272&amp;postID=2400693719706651753' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/91921071230884272/posts/default/2400693719706651753'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/91921071230884272/posts/default/2400693719706651753'/><link rel='alternate' type='text/html' href='http://www.marketsnmoney.com/2008/11/dhl-us-to-cut-9500-jobs.html' title='DHL-US to cut 9500 jobs'/><author><name>Trader</name><uri>http://www.blogger.com/profile/13309761269649139032</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='06363951870851608878'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://2.bp.blogspot.com/_YqYaSbT8xWI/SRjqkJC3bqI/AAAAAAAACGU/AnHKYQ8i6uY/s72-c/DHL.jpg' height='72' width='72'/><thr:total>0</thr:total></entry>