Dutch package delivery company TNT Express NV (TNTEF.PK,TNTEY.PK) announced the reorganisation plan for its Italian Business Unit, reflecting the need to adapt the company's Italian operations to the harsh economic environment and is in line with TNT Express' overall Deliver! improvement programme.
The firm intends to reorganise its overhead and supporting activities and to combine its smaller Italian operations into larger depots at strategic locations throughout the country. Nearly 20 facilities across Italy would be affected, but service levels and full network connectivity would be maintained.
The company, as part of its Deliver! improvement programme, would invest in depot sorting and IT and enhance customer experience via. better customer-facing and operational processes. TNT Express employs about 3,000 people in Italy. The changes are anticipated to result in a reduction of around 850 positions.
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