NewsDB Cargo plan to cut 1,800 jobs is ‘gambling with its future’, says union

February 29, 2024by 0

The trade union EVG is claiming embattled DB Cargo, beset by losses and under EU investigation, is set to cut 1,800 jobs, which would “gamble away” the company’s future. 
The EC is probing allegations of market distortion and breaching EU rules on state aid by the German firm.
Martin Burkert, EVG chairman, said: “The inaction of previous board members to develop a viable concept for a profitable business model has brought the …

The post DB Cargo plan to cut 1,800 jobs is ‘gambling with its future’, says union appeared first on The Loadstar.

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