dhl express

DHL has come a long way since the end of February, when it announced group ebit losses of between €60m-€70m ($66m-$77m) in the month.

With help from the Global Forwarding unit, up 53%, group ebit rose 16% in the second quarter, to some €890m.

This number has encouraged DHL to award every employee (excluding management) a one-off €300 bonus, at a cost of about €200m – and it forecasts an operating profit for the year of €3.5bn-€3.8bn.

This is down on 2019’s record €4.1bn, ...

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  • Salty Boatman

    July 08, 2020 at 8:00 pm

    This is deliberately inflammatory.

    JLR have been struggling for a couple of years now, and as the supply chain partner, it’s DHLs obligation to reduce costs. The pandemic has merely exacerbated that need; the people on that contract and surrounding it have seen this coming for miles.

    The salaries of 2,200 individuals doesn’t come close to the scale of the global bonus, when you consider that most of these are directly paid for by JLR anyway.

    Grow up.

    • Alessandro Pasetti

      July 09, 2020 at 9:05 am

      Hi Salty Boat,

      Interesting comment. Unsubstantiated, but interesting nonetheless.

      So what number you have in mind, and on what basis (including pension considerations), when you say “The salaries of 2,200 individuals doesn’t come close to the scale of the global bonus”?

      Best regards,

      Ale

      • Bob

        July 30, 2020 at 12:35 am

        Not very unsubstantiated.. the article says 2,200 employees. If each of these employees is making €80K/year then that total is less than €2M. It says the bonus cost €200M so I think it’s more about that part of the operation not being strategic to hold on to

  • Freddie

    July 09, 2020 at 12:02 pm

    Dhl use 40% agency but none of them will receive any bonus even though some of them have been with company for years