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
02.02.2024
Report
02.02.2024
Outlook for trade and transport links between Uzbekistan and Belarus

Belarus is restructuring its foreign trade logistics, looking to new markets, intensifying cooperation with countries that are already importing Belarusian products. Belarus is looking for new transport routes through Central Asian countries, particularly Uzbekistan.

Report
17.08.2022
Report
17.08.2022
Promotion of export rail transportation in China: results and prospects

Continental routes for the delivery of goods from China to Europe and back over the past decade have come a long way, from test train shipments to the creation of stable, full-fledged railway container transportation routes.