Freight activities dropped by 26.3%. When presenting the results of the first 2009 quarter in August, Rüdiger Grube, CEO of the German railway, said that the global crisis badly affected the group’s activities, particularly the freight subsidiary, DB Schenker Rail (-26.3%). He also announced a large restructuring program called “React09.” In the October edition of DB Welt, the company’s newspaper, the management gave concrete numbers for the first time. Thus, Karl-Friedrich Rausch, in charge of transport and logistics within the board, explained that, alone, the drop in transport orders would make around 2,400 jobs permanently unnecessary at DB Schenker Rail. Besides, almost 1,500 jobs should be cut via structural measures. According to him, other jobs are threatened by the “tragic price war” currently engaged with road transport firms.
he global crisis badly affected the group’s activities, particularly the freight subsidiary, DB Schenker Rail (-26.3%). He also announced a large restructuring program called “React09.” In the October edition of DB Welt, the company’s newspaper, the management gave concrete numbers for the first time. Thus, Karl-Friedrich Rausch, in charge of transport and logistics within the board, explained that, alone, the drop in transport orders would make around 2,400 jobs permanently unnecessary at DB S
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