DB Cargo February 19: 6,200 Layoffs to Satisfy EU State-Aid Ruling

DB Cargo February 19: 6,200 Layoffs to Satisfy EU State-Aid Ruling

DB Cargo layoffs will cut 6,200 jobs, nearly half of the German workforce, to meet EU state aid conditions and return to profit in 2024. Management plans to consolidate yards, close maintenance sites, and shift focus to cross-border traffic. If results miss targets, a breakup is on the table. For Germany, this could tighten rail freight capacity and lift prices for auto, chemical, and steel shippers. We explain what the DB Cargo layoffs mean for costs, service levels, and investor risk now.

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