Postal service to cut 2,000 jobs
Post Norden, the result of the recent fusion between Post Danmark and Sweden’s Postn AB, announced today it will be forced to cut 2,000 jobs in Sweden and Denmark.
The impending layoffs are due to a difficult 2009, according to the company, where earnings suffered as a result of both the financial crisis and the transition over to electronic mail.
Turnover at the Swedish-Danish postal giant reached approximately 34 billion kroner for the year, while operating profits were only 216 million kroner. Operating profits for Post Danmark alone in 2008 were 817 million kroner.
www.cphpost.dk/business/business/48339-p...o-cut-2000-jobs.html