TPG WILL CUT 5,000 JOBS IN FIVE YEARS

TPG WILL CUT 5,000 JOBS IN FIVE YEARS    The Dutch postal and logistics company TPG NV has announced that it will eliminate 5,000 jobs through attrition by 2007.
   TPG expects mail volumes to fall by 20 percent in that time, due to e-mail and other alternative delivery options.
   The company currently employs 30,000 postal delivery workers.
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