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
28.02.2024
The Red Sea Crisis Proves China Was Ahead of the Curve

The Belt and Road Initiative wasn’t a sinister plot. It was a blueprint for what every nation needs in an age of uncertainty and disruption

Report
31.07.2025
Report
31.07.2025
Trends in mutual trade and transport logistics between Russia and China

Under the new conditions, China has become a key strategic partner and the main «window» for Russian foreign trade turnover