Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

TNT Express cuts 6 percent of workforce in restructuring

Dutch express delivery company TNT Courier (TNTE... AS), this is a failed $700 million bid for united parcel service (UPS) N) by the United States, said it would cut 4000 jobs, equivalent to 6% of the employees, offer to boost profits.
Is the purpose of, the company said the cuts to create 2015, 2.2 million euros ($286 million), cost effective, and can lead to the restructuring of the fee is 1.5 million euro,.
"Improvement program, we will create a more focused, efficiency and profitability, TNT express," interim chief executive Bernard DE talbot said in a statement.
"Successful execution, will be crucial to improve our performance."
TNT UPS bid to prevent the commission in January because of concerns have too much advantage of market position.
TNT Courier said, at that time, it does not expect from other competitors, in the attention of European competition regulators, and isn't breaking up target.
TNT previously announced plans to sell in Brazil and China's domestic unit and cut costs, because it alone to prepare for the future. Announced on Monday, plans to sell.
Said on Monday that China's domestic business sales process is a good way, you should know the result of the impending.
 



Other News:
TNT Express cuts 6 percent of workforce in restructuring
98 arrested in union protest on Las Vegas Strip
Engine plain bearings
SKorea misidentifies China as cyberattack origin
A glance at the agreement for the Cyprus bailout
Rosneft deal to put China top of Russia's oil customers
Senate vote: OK $85 billion cuts, avert shutdown
UK: Senior editor at The Sun charged over payoffs