Author: Andrew S

Andrew is a contributor to HR Talk, covering Human Resources, workplace trends, employment, talent management, leadership and evolving industry practices. Through his writing, he aims to share informative insights, highlight important developments and promote knowledge-sharing within the HR community.

Deutsche Bahn (DB) has announced a significant restructuring plan that includes cutting approximately 30,000 full-time jobs over the next five years. This decision comes after the company reported a €1.2 billion loss in the first half of the year, citing recent strikes, major construction projects, and extreme weather conditions as the primary causes. In addition to the job cuts, the company also plans to close unprofitable divisions, particularly in rural and economically weaker regions. Specific railway lines are reportedly targeted for closure as well. The German government, which owns Deutsche Bahn, is pushing for the company to become more economical…

Read More