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

July 26, 2024by 0

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.

The post Deutsche Bahn to cut 30,000 jobs after first-half loss appeared first on The Loadstar.

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