Basel, Switzerland
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Employees at the former Panalpina headquarters in Basel have been told that some 165 jobs could be lost as it relocates its corporate functions with DSV’s in Copenhagen, following the merger.

DSV Panalpina chief executive Jens Bjørn Andersen explained: “As we integrate Panalpina into the DSV Panalpina group, we recognise that there are substantial duplications of corporate functions.

“We are also seeing considerable overlaps in the IT department, as IT systems that will no longer be used in the combined group are ...

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