165 job losses in Basel
The DSV Panalpina Group has informed employees at the former Panalpina headquarters in Basel (Switzerland) about its plans for the location. As part of the integration, overlapping corporate functions and positions will either be cut or relocated to the headquarters in Denmark, which could result in up to 165 job losses.
At the same time, the company intends to expand its logistics footprint in the Basel area. Jens Bjørn Andersen, CEO, DSV Panalpina, says: “We are also seeing considerable overlaps in the IT department, as IT systems that will no longer be used in the combined group are phased out."
However, DSV Panalpina expects to retain approximately 50% of Panalpina’s current head office workforce following completion of the restructuring by the end of Q2/2020. Retained functions will include, among others, critical positions in sales, operations, IT and innovation. (mw)