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Layoffs Watch '08: Deutsche Post

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Deutsche Post AG said this morning that it will cut 9,500 jobs (on top of a previously announced 4,500) and close all DHL express service centers in the U.S. On the one hand, yes, this bad news for Deutsche and the employees who will lose their jobs. On the other, it's fantastic news for fan boys of UPS delivery men and their short shorts, of which there are plenty (most notably: Vikram Pandit and Angelo Mozilo).