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Now THIS is very bad "DHL to cut 9,500 worker"

Discussion in 'Political Discussion' started by PatriotsReign, Nov 10, 2008.

  1. PatriotsReign

    PatriotsReign On the Roster

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    It seems like the bad news just keeps accelerating each week. Today, DHL announced that it is cutting 9,500 jobs as it discontinues air and ground operations within the United States.

    This dismal news for all of us for 2 reasons;

    1. The obvious increase in unemployment
    2. The wider implications that companies just are shipping products anymore.

    DHL announces 9,500 job cuts - Nov. 10, 2008
  2. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Obama will be on the job soon, he'll get us all fixed up.

    :rolleyes:
  3. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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    #75 Jersey

    Actually they won and then promply lost a giant Government contract over the last few years.
  4. PatriotsReign

    PatriotsReign On the Roster

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    So maybe it's because they didn't do a good job? Kinda like GM & Ford...
  5. Real World

    Real World Moderator Staff Member

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    This is somewhat similar to Sprint (#3 carrier in the US). They lost 1.3 million subscirbers last quarter. However, their competitors, AT&T and Verizon (#2, & #1 respectively), gained over a million apiece. It's not good obviously, but it's always somewhat relative too.
  6. maverick4

    maverick4 Banned

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    You'd have to look to see if UPS and FedEx are doing well or not.

    From what I've seen, DHL may just be bad at what they do.
  7. 363839

    363839 PatsFans.com Supporter PatsFans.com Supporter

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    DHL is a " same day delivery" business.
    Real expensive, too.
    With the economy the way is, I'm sure
    businesses in dire need of delivery are learning
    not to be so dire.:)
  8. PatriotsReign

    PatriotsReign On the Roster

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    All shipping has been down since last year including UPS & Fedex. I'm sure they will both see increases from the demise of DHL, but we won't see them hire 9,500 new employees.

    Hey, I'm the guy who supposts letting companies fail. and that includes GM, Ford and Chrysler....but that won't happen.

    Did you hear the Fed allowed American Express to call themselves a "holding company" so that they could get federal financing?

    Seriously, fuG em all.

    SAVE THE ECONOMY, BUT LET PEOPLE GET SCREWED!:rolleyes:
  9. MrBigglesWorth

    MrBigglesWorth Rookie

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    the sad part is all these people out of work. it's bound to have a rise in crime.
  10. PatriotsReign

    PatriotsReign On the Roster

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    I was out of work for 12 months 6 years ago and never committed a crime....funny how that works. I also did what I had to do to pay my bills. I raked leaves, I finished furniture, swept a warehouse and worked as a builder's assistant for 3 months carrying dog & cat crap out of a remodel.

    I'm not a rare man...anyone can & should do what I did if they're out of work.
  11. MrBigglesWorth

    MrBigglesWorth Rookie

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    I commend you, but not everyone is like you. You look around and people are stealing bleachers from fields to sell the aluminum for scrap.

    All you need is less than 1% to do this and as the overall numbers of unemployment increase with people then people get more desperate.
  12. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

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    #87 Jersey

    Why some are shocked by this escapes me ... it's a capitalism correction that is happening right before our eyes ... excess capacity in the services industry was only a matter of time really. I'm surprised the correction took this long. The services industry was far over employed compared to the manufacturing industry. Hopefully Obama forces through tax incentives for the manufacturing industry and the other industries will fall into line once again.

    EDIT: has anyone here ever shipped something vis 'DHL' ? They deserve to go in the tank ... it's their own fault for thinking they could survive as a specialty company. They cater to businesses and could care less about the public. They don't have a customer friendly shipping are like UPS or USPS. So, with companies temporarily scaling back their need for DHL goes away. If DHL served the public they would not be hit so bad.
    Last edited: Nov 10, 2008
  13. PatriotsReign

    PatriotsReign On the Roster

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    I agree with pretty much everything you said, but keep in mind that both Fedex and UPS are also experiencing deep declines in volume & profits.

    U.P.S. Quarterly Profit Falls 9.9 Percent

    http://www.nytimes.com/2008/10/24/business/24parcel.html?_r=1&oref=slogin

    FedEx Profit Falls by 22%, but Matches Expectations

    http://www.nytimes.com/2008/09/19/business/19fedex.html

    As we head into what appears to be a dismas holiday retail season, I'd expect these trends to continue even with the failure of DHL
  14. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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    #75 Jersey

    That is exactly right, they were horrible, I think it didn't even last half a year, and we went back to FedEx.
  15. PatriotsReign

    PatriotsReign On the Roster

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    Well, we agree on the opinion that crappy comanies deserve what they get...but they don't deserve billions of our tax dollars to keep them afloat.

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