Deutsche Bahn to cut 30,000 jobs after first-half loss

26.07.2024

Forget the job losses if DSV takes over DB Schenker — Germany is facing that anyway, at parent Deutsche Bahn.

Following the announcement of a €1bn net loss in the first half, the German rail operator and current owner of Schenker has announced 30,000 job cuts over five years — 9% of the workforce. Mostly administrative, some 1,500 jobs will go this year, according to Reuters.

Analytics on topic
Report
11.08.2021
Report
11.08.2021
Trade Between Germany and China in 2020: Germany’s Imports and Prospects of Modal Shift
A new ERAI report touches upon the Germany’s imports from China and prospects of the modal shift to railways. Over the past five years, China has been the main trading partner of Germany.
Article
31.05.2024
Ocean freight market. May 2024

The study analyzes the sea freight market by the end of April — beginning of May 2021. It reveals the problems associated with the movement of goods in various regions of the world, highlights the latest developments in the industry and gives a forecast for the next month