Brambles CLOSE $ 5.65 Logic in logistics Expectations of a prolonged economic downturn have prompted many companies to announce job cuts. Brambles is no exception, announcing that it would pare back 750 jobs globally. The company also said it would scrap almost one-tenth of its pallet volumes in the United States. Chief executive Mike Ihlein did not rule out further cutbacks at the company. Brambles caught investors on the hop in the reporting season when it brought forward its interim results. Shares slumped 12 per cent on the day. Before that, it had been one of the major contributors to the S&