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
220 jobs Number of planned job losses
Announcement Date
22 July 2014
Employment effect (start)
1 January 2015
Foreseen end date
1 January 2017
Description
As announced on 22 July 2014, DB Regio Südost is to cut 220 jobs. The job reduction measure will start in January 2015 and shall be implemented in three stages by January 2017. Employees will be offered alternative positions at Deutsche Bahn in other regions. Job cutting is due to a continuing decrease of railway kilometers covered by DB Regio Südost in the federal states of Saxony-Anhalt, Saxony and Thuringia.
DB Regio Südost currently employs 3,100 people in total. The job reduction will affect 500 employees working in the company’s administration department. According to the company’s CEO, DB Regio Südost intends to cut 900 jobs in total until 2017.
Sources
22 July 2014: Mitteldeutsche Zeitung Online (www.mz-web.de)
Citation
Eurofound (2014), DB Regio Südost, Internal restructuring in Germany, factsheet number 77373, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77373.
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