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Deutsche Bahn could slash 13,000 jobs


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Last updated:
Fri, 23 Oct 2009 14:22:00 +0000

Deutsche Bahn, Germany's state-owned railway, may cut up to 13,000 jobs because the global economic crisis has triggered a plunge in freight traffic volumes.

The figure is much larger than the 4,000 to 7,000 job cuts mentioned previously by the company and unions, said Alexander Kirchner who heads the Transnet rail workers union.

He added that the company was developing a new five-year strategic plan and was seeking to rationalize parts of its operations. The company's management board will approve the plan in December.


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