TNT Express will cut 4,000 positions over the next three years under its new go-it-alone strategy after European regulators blocked its plans to merge with United Parcel Service (UPS). “TNT Express’ profit improvement plan is expected to affect 4,000 positions throughout the company in the next three years. TNT Express will engage in thorough discussions with employees, works councils and unions regarding consequences and the best possible solutions,” TNT said in a ...

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