{"id":94419,"date":"2026-02-19T09:18:43","date_gmt":"2026-02-19T12:18:43","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/893696897"},"modified":"2026-02-19T09:18:43","modified_gmt":"2026-02-19T12:18:43","slug":"germanys-db-cargo-plans-6000-job-cuts-in-bid-to-return-to-profit","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/19\/germanys-db-cargo-plans-6000-job-cuts-in-bid-to-return-to-profit\/","title":{"rendered":"Germany’s DB Cargo plans 6,000 job cuts in bid to return to profit"},"content":{"rendered":"
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Editorial & Advertiser disclosure<\/p>\n<\/summary>\n

Global Banking & Finance Review\u00ae is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.<\/p>\n<\/details>\n<\/div>\n

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Published by Global Banking & Finance Review\u00ae<\/span><\/p>\n

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Posted on February 19, 2026<\/p>\n

2 min read<\/span><\/div>\n

Last updated: February 19, 2026<\/p>\n<\/div>\n

\"Germany's<\/figure>\n<\/div>\n
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By Christian Kraemer<\/p>\n

BERLIN, Feb 19 (Reuters) – German railway operator Deutsche Bahn’s struggling freight business DB Cargo plans to cut 6,000 jobs, nearly half workforce, by 2030 as part of a sweeping restructuring aimed at returning to profit, the unit’s chief said on Thursday.<\/p>\n

Confirming a Reuters report, Bernhard Osburg said the unit would eliminate about 6,000 of DB Cargo’s 14,000 workforce in a bid to cut costs, which he said were too high. <\/p>\n

“That’s the gap between us and the competition,” Osburg said, adding that business from the automotive, steel and chemicals sectors had fallen sharply without staffing adjustments.<\/p>\n

About one million tonnes of goods are transported by rail every day in Germany. DB Cargo is the market leader, but its competitors together already have a market share of around 60%.<\/p>\n

Additional pressure has come from the European Commission to curb excessive state support. DB Cargo is required to post a profit by the end of 2026, as its state-owned parent is no longer allowed to cover losses at the freight subsidiary.<\/p>\n

Describing that goal as a major undertaking, Osburg said DB Cargo aimed to post a net profit in the double-digit millions for 2026. Osburg said the unit generated an operating profit for the second half, after a 96-million-euro operating loss (EBIT) in the first six months.<\/p>\n

Cosima Ingenschay, deputy leader of the EVG rail union, said both sides agreed that DB Cargo must become more efficient but were at odds on how to achieve that, adding tough talks loomed.<\/p>\n

\u201cWe will fight for every job,\u201d said Ingenschay.<\/p>\n

(Writing by Madeline Chambers, editing by Linda Pasquini and Thomas Seythal)<\/p>\n<\/div>\n<\/div>\n

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… 's struggling freight<\/span> business DB Cargo<\/span> plans to cut 6 … excessive state support. DB Cargo<\/span> is required to post a … freight<\/span> subsidiary. Describing that goal as a major undertaking, Osburg said DB Cargo<\/span> … sides agreed that DB Cargo<\/span> must become more efficient but …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-94419","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/94419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=94419"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/94419\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=94419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=94419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=94419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}