On November 10, 2008, global mailing company DHL's parent company, Deutsche Post World Net, announced it would cut 9,500 U.S. jobs and discontinue all air and ground operations in the United States. The company said the decision was made in order "to minimize future uncertainties" and increase profitability. In addition, the company said all DHL Express service centers would be closed as part of a "repositioning" that will reduce U.S. operating costs by more than 80%.CNN Money: DHL cuts 9,500 U.S. jobs (November 10, 2008) DHL-USA: DHL Express to focus its U.S. Business on...international services (November 10, 2008)

"The retained U.S. international express network with a total of 3,000 to 4,000 employees will be tailored to the needs of the group's international express service customers. All international shipments into the U.S. will still be delivered, while 99 percent of the outbound shipments will be picked up."FOX Business: Deutsche Post AG to Close Express Service Centers...