The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.1 - Passenger rail transport, interurban
600 jobs Number of planned job losses
Announcement Date
23 January 2014
Employment effect (start)
23 January 2014
Foreseen end date
23 January 2016
Description
DB Regio, a subsidiary of Deutsche Bahn operating in regional passenger transport,is to cut 600 of 1,500 jobs between 2014 and 2016.
The job cuts result of the company’s plan to streamline its administrative units in Hannover, Bremen and Braunschweig and to overall reduce the number of conductors, engine drivers, repair and service staff. This is a reaction to increased competition in northern Germany.
There shall be no direct dismissals. Most employees shall be transferred to other DB subsidiaries.
Sources
Citation
Eurofound (2014), Deutsche Bahn Regio, Internal restructuring in Germany, factsheet number 76554, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76554.
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