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IN RED: The company says it expects to lose $1.5 billion in the US this year.

IN RED: The company says it expects to lose $1.5 billion in the US this year.

DHL to cut 9,500 jobs, stop shipping within the US

Global courier giant DHL has announced that its stopping all domestic operations in the US and that means about 10,000 jobs being cut in America. Fred Wadsworth sits before his breakfast wondering how he'll put food on his own table next year. His job as a supervisor for DHL Shipping will soon be gone. "It's pretty bad. We've kind of been figuring something's gonna happen and as it stands now we know that's it's gonna shut down," says Wadsworth.

DREAMWEAVER: Dr Dholakia has transformed the way the world looks at Indian management studies.

IIM Ahmedabad director to step down from post

Dr Bakul Dholakia has transformed the way the world looks at Indian management studies.

http://www.ibnlive.com/news/iim-ahmedabad-director-to-step-down-from-post/50231-3.html

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