Rail  |  Issue 812
DB CUTS EIGHT HUNDRED AND NINETY THREE JOBS
Britain’s largest freight company, DB Cargo, plans to cut eight hundred and ninety three of its two thousand, nine hundred and seventy four jobs by June 2017. the company says it is facing “unprecedented challenges with the dramatic decline in core markets such as coal”. Chief Executive Hans-George Werner said: “responsible and successful businesses must evolve and reshape as their markets change, and sometimes this means making tough decisions. “While this is a difficult time for all of us at DB Cargo UK, reshaping the company will enable us to build a business for the future and protect the majority of jobs. We are fully committed to supporting colleagues who may be at risk of redundancy.”
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Articles in this issue
Below is a selection of articles in Rail Issue 812.