Pitney Bowes bows out of global e-commerce with sale of loss-making GEC
Parcel giant Pitney Bowes (PB) is making a fast exit from e-commerce. Hours before tabling its ...
PEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMERED
PEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMERED
SUPPLY CHAIN DIVE reports:
Pitney Bowes’ former e-commerce logistics unit will lay off more than 1,200 employees in the next two months as it continues to wind down its operations.
The job cuts at Pitney Bowes Global Ecommerce, now DRF Logistics under the ownership of Hilco Global, impact workers at hubs it has used across the country to sort and ship parcels. A Worker Adjustment and Retraining Notification (WARN) Act notice for the company’s closing Canal Winchester, Ohio, facility shows that package handlers, forklift operators, drivers and managers are among the people losing their jobs.
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