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

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

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Wilmington: 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.

DHL devastated the central Ohio town of Wilmington back in may when it announced plans to have UPS take over its domestic air shipping, which would put thousands out of work here. Wilmington is DHL's main US hub.

"They're taking away everything from me, my family, my friends, this whole town," Sherry Barrett, another DHL employee, says.

US president-elect Barack Obama, campaigning in Ohio this summer, pointed to Wilmington as an example of the economy's troubles.

"It gives you some sense of the urgency that we feel when it comes to our economy," Obamab had said then.

Now, DHL, a German company, is taking a step further away from the US.

It will stop shipping within the US by the end of January, affecting 9,500 jobs on top of more than 5,000 cut earlier this year.

"This is the right move for our US Express operations given the current economic climate and for the long run," says DHL's Global CEO John Mullen.

"My husband's been there for 19 years and we've been worrying about this. Everybody in this community has," says Joy McIntosh.

Neither has the US been rewarding for DHL. The company says it expects to lose $1.5 billion in the US this year.