It is being reported that DHL is preparing to implement a restructuring plan to cut costs. Under the plan, the company would lay off about half of its 40,000 employees in the US. These jobs would mostly be lost in Ohio and in sourounding eastern states where most of these jobs are located. DHL continues to face strict competition from FedEx and other air freighters. It is clear the financial crisis is continuing to eat away at jobs as companies try to improve efficiency, cut costs and maintain competition. Given the last few posts I’ve talked about, aggregately, we can really see just how many jobs are being lost in the US and around the world. Its probably going to get worse before it gets better, but remember, if your investments, particuarly mutual funds, have lost value, do not sell as they will rebound within the next few years, in fact, this may even be a good opportunity to buy since there are many discounted securities trading significantly below fair value. In an upcoming post, I will digg up and analyse securities that are trading way below fair value and could actually be a current investment opportunity.