Deutsche Bahn

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
1,350 - 1,500 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2004
Employment effect (start)
6 September 2004
Foreseen end date
31 December 2005

Description

Deutsche Bahn AG will cut up to 1,500 jobs by the end of 2005 at its railway design unit DB ProjektBau GmbH due to reduced subsidies from the German government. Some 500-600 jobs will go this year, while 850-900 will be shed next year, although Deutsche Bahn will try to find new positions within the group for those affected.

Sources

  • 6 September 2004: Financial Times Deutschland
  • 6 September 2004: Handelsblatt
  • 6 September 2004: Die Welt

Citation

Eurofound (2004), Deutsche Bahn, Internal restructuring in Germany, factsheet number 60595, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60595.