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
Article
30.12.2022
Review of maritime transport 2022
The maritime transport and trade sector has been shaken by a succession of disruptions and is having to adapt to other structural shifts, particularly in response to climate change.
Article
27.06.2024
What markets has the dry port in Xi'an opened for Kazakhstan

In February 2024, China hosted the official opening ceremony of the logistics cargo terminal of Kazakhstan in the dry port of Xi’an